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06.05.2005  
JSCB “Eximbank” is the sole bank in Moldova providing services within the money transfer system PrivatMoney
Since April 26th, 2005 Eximbank provides money transfer services to individuals within the money transfer system PrivatMoney. Implementation of this service was possible after the signing in March 2005 the collaboration Agreement with Ukrainian bank Privatbank. Under this Agreement individuals have the opportunity to send and receive quickly transfers in US dollars and Euro. Money transfers could be performed between countries-members of the system: Moldova, Ukraine, Russia, Belarus, Latvia, Armenia and Azerbaijan.

The main advantages of the system are:

Simplicity in transfer processing:

  • For sending or receiving money it is enough to present the identity card and to fill into the form;
  • It is not necessary to present the information concerning the beneficiary’s address and to open any accounts by the sender or by the beneficiary;

    Quickness at minimum costs:

  • Transferred money are available for the beneficiary during 10 minutes without paying any commissions;
  • The commission of 3% from the transferred amount is deducted only from the ordering customer;

    Large network:

  • Over 1,900 operation offices are available in the member-countries.

    The implementation of the money transfer system PrivatMoney by the Eximbank will give to individuals the opportunity to make quick and reliable money transfers at minimum costs, and will increase the number of the bank’s clients and the volume of the retail operations.
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    Money transfer system PRIVAT MONEY
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