Expressbank to join 'Khazri' money transfer system

Expressbank to join 'Khazri' money transfer system Work is underway to introduce the system into Turkish market
Finance
November 17, 2016 12:18
Expressbank to join 'Khazri' money transfer system

Baku. 17 November. REPORT.AZ/ 'Expressbank' OJSC will join to “Khazri” money transfer system managed by 'Kapital Bank' OJSC. Head of Kapital Bank retail banking department Vusal Nagiyev told Report.

"We negotiate with one local and one foreign bank to join “Khazri”: “At present we talk with “Ziraat Bankasi” to enter Turkish market. At the same time, we hold talks with “Amrahbank” to join the system”, he said.

Notably, 3500 service points of “Khazri” system cover 5 countries of Commonwealth of Independent States (CIS). 

“Atabank”, Bank VTB (Azerbaijan) and AFB Bank joined the system so far. 

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