IBA extends KartTransfer service

IBA extends KartTransfer service
# 13 May 2010 12:25 (UTC +04:00)
Baku. Vahab Rzayev – APA-Economics. International Bank of Azerbaijan and Bank Nikoil signed contract about the implementation of KartTransfer money transfer over the plastic cards, head of press service of IBA Rauf agayev told APA. According to him, this service helps to to implement quick money transfer.

The 9 banks are in the composition of KartTransfer service’s structure. These are: IBA, IBA-Moscow, Bank Nikoil, AtaBank, Bank Respublika, Bank of Azerbaijan, Rabitabank, AGBank and Bank Standard.

The money transfer via KartTransfer made AZN 2.4 mln and AZN 5.1 mln for the last quarter of the last year while it was AZN 2.1 mln and AZN 3.7 mln for the first quarter of 2009.
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THE OPERATION IS BEING PERFORMED