OREANDA-NEWS.  July 04, 2012. CONTACT system announces the launch of the new format of remittances of individuals - from one account to another in the direction Italy – China, reported the press-centre of  CONTACT system.

CONTACT money transfer in the account-to-account format are available to clients due to connecting a new partner form Italy to the System - the IMEL company, which provides services to transfer money in this format for more than seven years.

To send a money transfer from Italy to China, the client must open an account with IMEL and to be identified in one of the 17,000 agency offices. Further, the translation can be sent from either an IMEL office or the company's site. Form of payment - crediting the transfer amount (in euros) on accounts opened in China's 12 largest banks: Bank of China, Industrial and Commercial Bank of China, China Construction Bank, Agricultural Bank of China, Postal Savings Bank of China, Bank of Communications, China CITIC Bank, Hua Xia Bank, Guangdong Development Bank, China Merchants Bank, China Minsheng Bank, Shenzhen Development Bank and Industrial Bank Co.

According to Elena Gafarova, Vice-President of RUSSLAVBANK, System’s operator, CONTACT is a pioneer in introducing new forms of remittances, which are widespread in the West. In particular, CONTACT has become one of the first systems, which provided its clients the ability to send remittances in such formats as cash-to-account, account-to-cash, cash-to-mobile wallets.