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Atabanks Free Mobile Calls For Money Transfer Campaign Underway
AtaBank OJSC’s free mobile calls for money transfer campaign is still ongoing. The campaign, which is provided by this Azerbaijan's leading financial institution, awards free calls to each client who sends or receives money through their urgent money transfer platform.
The rules of the campaign say, “Each client sending or receiving money through our urgent money transfer platforms will be awarded free mobile calls of 1 Azerbaijani Manat for sending or receiving between 500 and 1000 Azerbaijani Manat/Euro/US-Dollars or 20 000 Russian Ruble and free mobile calls of 2 Azerbaijani Manat for sending or receiving between 1000 and 2000 Azerbaijani Manat or 40 000 Russian Ruble.”
Below is the summary of the awards
• 1 AZN - Between 500 and 1000 Azerbaijani Manat money transfer.
• 2 AZN-Between 1001 and 2000 Azerbaijani Manat money transfer.
• 3 AZN-Between 2001 and 5000 Azerbaijani Manat money transfer.
• 5 AZN-For over 5001 Azerbaijani Manat money transfer.
AtaBank OJSC, which is the subsidiary of ATA Holding, cooperates with such money transfer systems as Lider, Contact, Xazri, Blizko, Golden Crown and the Western Union.
Established in 1993, AtaBank is one of the largest commercial banks in the republic of Azerbaijan. The bank is a hi-tech universal bank with more than 26 branches and divisions in Azerbaijan’s capital Baku and other small cities in Azerbaijan. Besides money transfer service, AtaBank OJSC also offers a wide variety of financial services to both private and corporate clients.
For more information about AtaBank OJSC’s money transfer services and products, feel free to visit the bank’s official website or its social network platforms.
Next In Money Transfer News
Last month, Thailand launched a new mobile payments system allowing customers to transfer money easily and cheaply than those offered by conventional banks. This mobile payments scheme aimed at pushing Thai people into the formal economy.
The money transfer system, PromptPay, enables registered customers to transfer their funds to the other people using only the national ID number and mobile number of the recipient.
"For 10 years, we have made several attempts trying to bring new changes in payment methods from cash-based methods to digital ones. Finally, we have taken the first milestone to a cashless society,” Finance Minister Apisak Tantivorawong told reporters.
The launch, which was initially scheduled for October last year, did not happen because of some technical glitches on the platform. In December, Thailand government authorities began testing the system by sending welfare payments to low-income people.
However, the government has said that PromptPay money transfer service will only be available for a small number of retail customers at the beginning. Transactions below 5,000 Baht are free of charge. A small fee of around 2 baht is charged for money transfer transactions between 5,001 baht to 30,000 baht. A transaction fee of 5 baht is charged for transactions between 30,001 Baht and 100,000 baht. The system will charge a transaction fee of 10 baht for transactions of 100,001 baht or more.
Banks in Thailand charge varying fees for wire transfer transactions. Thailand’s largest lender, Bangkok Bank charges between 25 baht to 35 baht for mobile banking service.
PromptPay money transfer service is one of the several schemes the government is pushing as part of its National E-payment initiative in order boost the country's financial transactions into the formal economy.
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