JSC Bank Silk Way has connected to the system of international money transfers Contact.
According to the official website, the commission for money transfer services is set to 0.75%, depending on the amount and the destination country. The maximum transfer amount is 350 thousand RUR or 10 thousand dollars/euros.
Sending and receiving money transfers within the Contact takes minutes and covers about 100 countries.
During the year, the system also involved local financial institutions Expessbank and AFB Bank. Thus, the total number of partners in the Contact in Azerbaijan reached 34.
Currently, Bank Silk Way operates within the systems of international money transfers Western Union, Leader, PrivatMoney, Migom, Faster, Caspian Money Transfer and Bystraya Pochta. -15B -
Economics
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Azerbaijani internet service providers Aztelekom and Baktelekom will introduce substantial changes to their pricing structure starting August 15, the companies announced today. Under the new tariffs, the minimum internet speed will rise to 100 Mbit/s, with the cost per Mbit/s decreasing from 0.45 AZN to 0.25 AZN. As a result, monthly charges will be set at 25 AZN for 100 Mbit/s, 30 AZN for 150 Mbit/s, and 36 AZN for 250 Mbit/s.
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