OREANDA-NEWS. August 24, 2010. “Khazri” – urgent money transfer system was put into process by Kapital Bank in 2007. Since that the system has been operating in more than 100 branches and divisions of the Bank making possible to urgently transfer money in all regions of Azerbaijan. Over three years the turnover made 50 million AZN. Popularity of the system is linked to simple procedure of transfer and low tariffs, reported the press-centre of Kapital Bank.

The talks held between Kapital Bank and the Russia’s “Stolichniy Credit” Bank have been resulted in upgrade and technical backup to “Khazri”. The parties have signed the agreement on establishment of new urgent money transfer outlets in Moscow. As a consequence, first transmits are implemented on 16 August of 2010. The shortest time of transfer (up to 10 minutes), the low charge (1.5% of the sum) and coverage of all regions of Azerbaijan are emphasized as gainful by the Russian Bank.         

In the short term there is a plan to increase the number of outlets in Moscow as well as to expand the coverage over Russia. The special attention will be given to the places of residence of Azerbaijanis living in Russia. Some advertisements and market campaigns are planned to arrange in line with the event.