YEREVAN, December 13. / ARKA /. A total of 3 275.8 trillion drams were transferred by all Armenia-based banks by using their  non-cash instruments  in October 2013, an increase of 28% compared with the same period last year, according to a Central bank  monthly bulletin.

The regulator says also the total number of non-cash transfers increased by 18.6 percent to 1,673,986.

The amount of transfers made by paper payment obligations amounted to 2. 069.8 trillion drams, the amount of electronic payments rose to 1.193.3 trillion drams, that amount of transfers by checks to  2 billion drams  and  non-cash transactions by using cards rose to 10.6 billion drams.

The volume of transactions made by using plastic cards was said to have risen by 10.4 percent to 103.3 billion drams, while the number of transactions grew by 9.5 percent to 1,844,571.

As of the end of October there were 1,559,406 active cards, up 26.35 % from the year before. ($ 1 - 404.77 drams). -0-