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Tuesday, 22 January 2019

NBU currency exchange rates


27 May 2013

Migom system strengthens its position in Azerbaijan: AFB Bank becomes its new partner

International payment remittance system Migom has expanded its network of services in Azerbaijan, having started co-operation with AFBBANK (Azerbaijan).

According to the system, now remittances can be carried out in Bank’s 12 service points in Baku, Gabala, Ganja, Sumgait of the near and far abroad, using Migom services.

"According to Bank of Russia’s data, the money transfers via corridor Russia-Azerbaijan reached $1.307 million in 2012. Last year Migom CJSC (operator of payment system Migom) paid great attention to the development of its network in the country. Thus, it was concluded a partnership agreement with Bank of Azerbaijan, as well as the largest postal operator Azerpoct Ltd. In general, network of Migom’s partners in Azerbaijan is more than 600 offices. The Company plans to provide for customers and banks the transfer and payment services throughout the country, integrating all channels of distribution that will greatly enhance the usability and accessibility of system services for the population,” Migom informed.