JSC Bank BTB connected to the international system of money transfers Gold Crown, the bank said.
The service Gold Crown - Money Transfer belongs to the group of companies Financial Technologies Center. The service operates in the market of money transfers without opening an account since 2003 and provides services in the territory of Russia and CIS countries. The operator of the service "Gold Crown - Money Transfer" is Payment Center LLC.
The operations within the Golden Crown are a matter of minutes, with the transfer commission of 1.5 percent charged only with the sender. Agents of the system in Azerbaijan are 24 local banks and the national postal operator Azerpost.
Currently, the bank also provides services through the systems of money transfers Western Union, Contact, and Monex. - 15B -
Economics
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As 2024 comes to a close, Azerbaijan finds itself at a crossroads—holding a prominent position in certain sectors of the global economy but still grappling with issues that hinder broader socioeconomic development. From energy exports to logistics corridors, the country has carved out a niche, yet cracks in its socioeconomic fabric are becoming harder to ignore. Let’s delve into the numbers and listen to expert opinions on Azerbaijan's global standing.
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Azerbaijan began the new year with significant hikes in gas, electricity, water, and medication tariffs, sparking widespread concern among citizens over the financial burden on households. While officials defend the measures as necessary for economic sustainability, critics warn of challenges tied to stagnant wages and pensions.
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Azerbaijan's Tariff Council has approved a decision to regulate the maximum wholesale and retail prices of registered medicines, with the new pricing caps coming into effect on January 2, 2025.
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