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Parabank introduces Card to Card service

Parabank introduces Card to Card service

08 February 2010 15:25 (UTC +04:00)

Baku. Elnur Huseynguluyev â€“ APA-Economics. Azerbaijan based Parabank has introduced Card to Card service to clients.

The bank told APA that using this service clients may now transfer money by ATMs and by using Mobile Bank service. Card to Card operations can be realized by all products of Visa system (excluding business cards) both amongst Parabankâ€™s plastic cards and amongst the cards of banks involved in Azericard network.

The service and commission for converting is 0.5%.

The commission fee for the service is charged from sender in all cases. In case of the currency difference in senderâ€™s or receiverâ€™s account, the fee is charged from the one whose account is in different currency.

Established in 1991, Parabank is owned by 23 individuals and operates 15 branches across the country.

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