August 28, AVERS and Zolotaya Korona – Money Transfer (Russia) signed agreement on integration

"AVERS" benefits
and services

      Zolotaya Korona – Transfer System is Russian instant money transfer system. The system gives customers a possibility to transfer money anywhere in Russia, CIS and abroad (nearly 80 countries). Zolotaya Korona – Transfer System was launched in 2004.
      Thus far, it works with over 200 Russian and foreign banks and has 12 thousand locations in Russia and 11 CIS countries. The two systems, AVERS and Zolotaya Korona,  have been elaborating the project of integration since February 2008.
      Systems integration is brand new technology of money transfer systems cooperation. When transferred money is available for payment, AVERS system accesses Zolotaya Korona System, searches necessary money transfer and makes payment. Transferred money is available in AVERS system as soon as it is registered in Zolotaya Korona system. It minimizes cash flow, servicing time and gives a possibility to transfer money from Russia (including Siberia and Far East); the commission fee will be 1.5%.
      In future Zolotoya Korona plans to merge with other countries’ systems it works with.