Money transfers

Within the framework of various money transfer systems Bank `Finance and Credit` cooperates with: 34 Ukrainian agent-banks, providing them with money transfer services through ÀVERS system 39 banks, which it provides with money transfer services through Western Union system 13 banks, providing them with money transfer services through  MoneyGram system 6 banks, providing them with money transfer services through Ànelik system AVERS International Money Transfer System  Since 2005 the bank has been using its own instant money transfer system AVERS, which covers 25-27% of internal Ukrainian market of money transfers in national currency (Hryvnia).                          Stages of AVERS Development March 2005 - first payments within AVERS system November 2005 – The bank proposes to its loyal customers VIP-AVERS discount card. The VIP-Client card is a representative (discount) card, issued to those customers who use AVERS on regular basis, it gives a possibility of money transfer at special tariff. VIP AVERS card is not a name card, any card bearer is entitled to make a money transfer. VIP-client using the card get a special money transfer fee rate of 0.5% from the amount transferred.   December 2006 – AVERS system becomes international   July 2007 – an agreement with the Russian system «BLIZKO» is signed February 2007 – an informational web site www.averssystem.com  is created August 2007 -   it is possible to receive and deliver transfers from\to China, Vietnam, Canada, Belgium, the Netherlands within AVERS system. September 2007 - it is possible to receive and deliver transfers from\to Spain, Portugal, United Arab Emirates. October 2007 -  receipt and deliver of transfers in national currency of Russian Federation (Ruble) are made within «AVERS» system. November 2007 – it is possible to receive and deliver transfers from\to Great Britain.  December 2007 - it is possible to receive and deliver transfers from\to Czech Republic, USA, Israel within AVERS   system. AVERS Infrastructure: 34 Ukrainian banks, operating under agency agreements 4 international money transfer systems, cooperating with AVERS system over 100 thousand payment receiving/delivery points in 81 countries, including about  700 ones on the territory of Ukraine AVERS turnover in 2007 amounted to over USD 89 mln. Additional Services of ÀVERS system: with AVERS money transfer system it is possible to pay for services of mobile providers:  Kyivstar Ase-Base, UMC Sim-Sim, Beeline, Jeans, Life, Djuice, Mobilych etc. to pay for PEOPLEnet mobile services to pay for ÑDMA mobile services in Ukraine to pay for UTEL mobile services  Cooperation with other Money Transfer Systems   "Western Union" Bank `Finance and Credit` has been working with WU since 1999.  In 2003 the Bank became a direct agent of WU with possibility of engaging of subagents. In 2006 Bank `Finance and Credit` In 2006, Bank `Finance and Credit` started providing Quick Cash and Quick Pay services via the Western Union system, enabling money transfers among individuals and corporations worldwide. There 39 Ukrainian agent-banks for the Bank `Finance and Credit` in the WU system. Money transfer network of the Bank `Finance and Credit` and its subagents within Western Union system comprises of over 1000 outlets. In 2007 turnover of payments, performed in the Bank `Finance and Credit` through the Western Union system amounted to over USD 62 million.   "MoneyGram" In November 2006 Bank `Finance and Credit` became a direct agent of MoneyGram international money transfer system. There 13 Ukrainian agent-banks for the Bank `Finance and Credit` in the MoneyGram system. Money transfer network of the Bank `Finance and Credit` and its subagents within MoneyGram system comprises of over 650 outlets. In 2007 turnover of payments, performed in the Bank `Finance and Credit` through the MoneyGram system amounted to over USD 3.4 million. "Anelik" In 2006, Finance & Credit Bank became a direct agent of the international system of money transfers Anelik.   There 6 Ukrainian agent-banks for the Bank `Finance and Credit` in the Anelik system. Money transfer network of the Bank `Finance and Credit` and its subagents within Anelik system comprises of over 300 outlets. In 2007 turnover of payments, performed in the Bank `Finance and Credit` through the Anelik system amounted to over USD 2.4 million.

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