HayPost, Russian Post sign memo on “Forsage” money transfers

PanARMENIAN.Net - A memorandum was signed Tuesday, Sept 25, in Moscow between HayPost and Russian Post, concerning the intention of the two postal operators to make express money transfers via “Forsage” system.

According to the memorandum, HayPost gets an exclusive right of “Forsage” system transfers throughout the Republic of Armenia. It means that express money transfers can be carried out from each of the 40.000 post offices of the Russian Post to each of the 900 post offices of HayPost and vice-versa.

The signing ceremony took place in the presence of Managing Director of “HayPost Trust Management” BV Mr. Juan Pablo Gechidjian, Acting Chief Execvutive Officer Mr. Haik Avagyan, Deputy General Director of Russian post Mr. Igor Mandrykin, representatives of the Ministry of Communication of the Russian Federation.

This step will allow the postal operators of Russia and Armenia to develop the express money transfers between the two countries, the quality of the rendered services and the inclusion of regions in the provision thereof.

The development of distant trade is another target of the postal operators of Armenia and Russia, which shall be implemented by means of mutual sales of products, presented in catalogues of each other. The volume of EMS transfers is meant to increase due to special programs for corporate clients.