Azerbaijan, Baku, Nov. 1 /Trend J. Nasibova/
Money transfer system Caspian Money Transfer has established a commission for money transfer services through the Azerbaijani banks participating in the system to Georgian banks Kor Standart bank and Liberty at the level of 1.5 percent, Zaminbank, which is the creator of the first international money transfer Caspian Money Transfer in Azerbaijan said.
The commission will be one percent in the event of a transfer of money through branches or offices of Zaminbank to these Georgian banks.
The action starts on November 1, 2012 and will run until February 28, 2013.
Zaminbank was established on November 16 1992, based on license No15 of the Central Bank of Azerbaijan, enabling fulfilment of all kinds of bank operations in national as well as in foreign currencies. Zaminbank currently owns 38 branches and 17 departments.