Migom left the futures market of remittances

BAKU/18.03.14/TURAN : Russian money transfer system Migom ceased to exist .

This resulted from the elimination of the Central Bank of Russian banking license of the Moscow bank credit organization CJSC Mig. The reason for revocation of the license served low capital adequacy, equity fall below the minimum level , the inability to settle with creditors .

Recall that in June 2010 CBA forbade work with international money transfer system Migom because of its activities in the occupied territories. System quickly corrected this error and its activity was restored. Its agents were 27 Azerbaijani banks and Production Association Azerpost.

Thus, the traditional players in the remittance market of Azerbaijan gradually excluded . So on the activities of the " Express Mail " banned again because of the activity in the occupied territories , Golden Crown lost the lion's share of the local market after the exodus in January this year, the largest banks . Against this background comes to the forefront of Lider c its low commission (1%) and all sorts of promotions seem to rule.

International payment remittance system Migom operated since 2002 in the direction of 27 countries and abroad . Transfer fee with the CIS countries , depending on the amount of transfer ranged from 2-3%. -15B -