YEREVAN, May 31. /ARKA/. Moneyto Ltd said today that money transfers to Georgia can be sent from any VISA/Mastercard card via Moneyto.co.uk website. Online transfers paid out in local currency are subject to 0.49% commission, with a minimum of €/£1.

According to a Moneyto press release, in Georgia, cash can be picked up in every branch of TBC bank, Bonaco, Alpha Express or Cartu Bank. Over 150 pick-up locations are available throughout Tbilisi, Karadjala, Tskhaltubo, Gori, Batumi, Rustavi, Kutaisi, Marneuli, Poti, Bagdati, Ninotsminda, Akhaltsikhe, Sagaredzho, Kaspi, Kabali, Tsalka, Akhalkalaki, Kutaisi, Borjomi and other cities, with additional locations to be added in future.

International money transfers are an important source of income in Georgia. The National Bank of Georgia estimates net inflow of international money transfers in March 2018 at $131.1 million (320.1 million lari), an increase of 17% ($19.1 million) year-on-year.

Categories: Banks @en, General news, News, News of the hour, Новости | Comments Off on Moneyto ltd offers online money transfers in Georgian lari

Tags: lari, Moneyto, TRANSFER

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Georgia’s government and national bank will take measures to deter the lari from devaluation, if any, but no devaluation is expected now, the National Bank President Georgi Katagidze is quoted by RIA Novosti

Categories: Exchange market, General news, News, News of the hour | Comments Off on Georgian national bank president expects no further devaluation of lari

Tags: bank @en, Georgia, lari

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