VTB Bank Armenia serves MoneyGram USD and Euro transfers

PanARMENIAN.Net - According to an agreement signed in October between VTB Bank Armenia and MoneyGram international money transfer system, the bank's clients can henceforth send and receive MoneyGram USD and Euro transfers, the bank's press office reported.

"The system allows to expand cooperation with MoneyGram service consumers and businessmen interested in strengthening ties between Armenia and Europe," said Valery Ovsyannikov, Chairman of the Board of Directors of VTB Bank Armenia.

VTB Bank Armenia and MoneyGram launched cooperation in September 2009. Presently, MoneyGram consumers may be served in any of 74 bank's branches across Armenia.