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15.12.09

QUICK MAIL™ Money Order System Expanding Its Options

Since December 15, the QUICK MAIL money order system launched the new service: express transfers Russian Rubles Abroad.

A 2% commission on the amount (but not more than RUB 150) is collected for the transfer. The maximum amount per transfer is RUB 500,000. A Russian resident is able to send the equivalent of not more than RUB 5,000 abroad during one day.

You can benefit from the new service in several Raiffeisenbanks Moscow offices and in a number of participant banks of the system of the CIS nations: STANDARD Bank (Azerbaijan), Ardshininvestbank, Armekonombank, BTA Bank (Armenia), Kyrgyzkreditbank, Issyk-Kul IB OJSC (Kyrgyzstan), VICTORIABANK (Moldova).

Most of our customers are migrant workers from the CIS nations who regularly send money to their relatives and friends. The new offer largely targets this category of customers, notes Aleksei Abrameitsev, Head of the Division of Cash Transfers and Payment Services. Under conditions of growing competition on the money order market, it is critical to us not only to offer simple and comprehensible services but also to extend our offer, taking into account the growing needs of our customers.

For more information please visit QUICK MAIL.

The QUICK MAIL money order system now covers virtually the entire post-Soviet space. Money orders are effectuated in rubles in the Russian Federation. You can send and receive USD and EUR money orders in Russia, Armenia, Georgia, Azerbaijan, Belarus, Kazakhstan, Kyrgyzstan, Latvia, Moldova, Tajikistan, Uzbekistan and Ukraine.


ZAO Raiffeisenbank is a subsidiary of Raiffeisen International Bank-Holding AG. Raiffeisenbank is ranking 9th in terms of assets among the Russian banks based on 3Q 2009 results (Interfax-CEA). According to Interfax-CEA, ZAO Raiffeisenbank ranked 5th in Russia in terms of private deposits and 8th in consumer lending in Russia based on 3Q 2009 results.

Raiffeisen International operates one of the largest banking networks in CEE, covering 17 markets across the region through subsidiary banks, leasing companies and a range of other financial service providers. The groups nearly 59,000 employees service around 15 million customers via more than 3,100 business outlets. Raiffeisen International is a fully-consolidated subsidiary of Raiffeisen Zentralbank Osterreich AG (RZB), which owns about 70 per cent of the common stock. The remainder is in free float, with the shares listed on the Vienna Stock Exchange. RZB is a leading corporate and investment bank in Austria and the central institution of the Austrian Raiffeisen Banking Group, the countrys largest banking group.

 

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