Yerevan /Mediamax/. “ARARATBANK” took up realization of money transfers by Money Gram system.

As Mediamax was told in the press service of the bank, “ARARATBANK” opened a specialized Money Gram branch in Yerevan at 25 Mashtots Ave.

Two months ago, “ARARATBANK” started realization of transfers by Express Money system as well, becoming the representative of the given system in the republic.

Mediamax notes that previously, the specialized branch of “ARARATBANK” on transfers within the framework of Western Union functioned at 25 Mashtots Ave.

Last year the Central Bank of Armenia banned the commercial banks of Armenia cooperating with Western Union after the given system had refused to send and receive transfers in Nagorno-Karabakh.