Brand | |
Launched in | |
Status |
Active Register/Log In |
Launch |
2004 Register/Log In |
Importance |
Very High Register/Log In |
Traction |
Very High Upgrade to Bronze |
Evaluation | |
Account Type |
Multiple Register/Log In |
Business Model |
Hub for financial institutions across Russia and CIS Upgrade to Bronze |
Class |
Send | Services | Receive | ||||
---|---|---|---|---|---|---|
Location |
Cash |
DMT IMT |
Cash |
Location |
Model |
non-bank based Upgrade to Bronze |
Who Leads? |
third party led Upgrade to Bronze |
Reach |
Corridor Upgrade to Bronze |
Active Users |
-- NA -- Upgrade to Bronze |
Registered Users |
-- NA -- Upgrade to Bronze |
Potential Mobile Market (m) |
0.000 Upgrade to Bronze |
Regulations |
In accordance with the Russian legislation: - On the territory of the Russian Federation money transfers are made in rubles only. Amount of money transfer is not limited. - Money transfer from and to Russian Federation could be made in US dollars, Euros and rubles. - Russian residents are allowed to remit not more than $5000 or its equivalent in Euros or rubles per day. For foreigners there are no limits. |
Persona | |
Purpose | |
Active Services | |
Card Type |
None Register/Log In |
ServicesDescription | |
Channels | |
Payment Instruments | |
Cash I/O Description | |
Cash I/O No Of Locations | |
Handsets | |
Technologies | |
Interoperability | |
RegistrationProcess |
SEND PROCESS: - Apply to the nearest bank-participant of the CONTACT network and choose a country, city and bank/company where money will be paid out to recipient - Present passport or another valid identification document - Fill in the application form, get a unique transfer number and pay principal amount and commission in cash - Inform recipient about unique transfer number, city and address of the bank - The transfer will be paid out without any additional commission - There is no limit on the sum of transfer
RECEIVE PROCESS: Receiver must obtain information from the sender including: - The name and address of the bank where they can receive money - A unique transfer number - Amount of the transfer They then apply to the bank at its working hours, present a valid identification document and receive the full amount of money transfer without paying any fees. |
Main Segment | Migrants |
Segment Description |