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Money Transfers via Azerbaijani Azerdamiryolbank Double

Business Materials 11 August 2007 11:08 (UTC +04:00)

Baku, Azerbaijan / Trend corr A. Badalova / During the seven month of this year Azerbaijani population transferred $22.55mln via Azerdamiryolbank, which is almost two times more than in January-July 2006, according to the report of the bank. In July 2007the amount of express money orders implemented via branches and offices of Azerdemiryolbank OJSC made up $4.32mln, which is 33.7% more than in July 2006. Some $9.49mln or 42% of all transfers were implemented via Fast Post money order system. The transfers were also implemented via Contact, Migom, Travelex, Moneygram international money order systems and Azerbaijani intra-republican Shimshak system. .

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