YEREVAN, October 9. / ARKA /. VTB Bank (Armenia) said today that all state and public non-commercial organizations – secondary schools, kindergartens, colleges, vocational and other schools- can use its Bank-Client system without having to pay account service fee.

It said the Bank – Client system is designed for online management of customer accounts. It provides secure access to financial and reference data via the Internet.

According to a press release, the system enables customers to make the following online operations - use reference books, make non-cash transactions, including payments in Armenian drams and foreign currency, send messages to the bank and make inquires about specific transactions and accounts, apply for a next tranche from the loan accounts, etc.), obtain statements and information on the accounts and operations for any period of time.

The main advantages of the system are the speed of transactions, no need to visit a bank branch to carry out this or that transaction, saving time and money.

To connect to the system one should visit a branch of VTB Bank (Armenia). VTB bank (Armenia) is entirely owned by Russian VTB bank. It runs 67 branches across Armenia, more than in other local bank.-0-