Arksbank has opted for the Golden Crown – Money Transfer service

Golden Crown – Money Transfer international service and Settlement and Credit System Agency (Arksbank OJSC) have launched the service of quick money transfers for private customers.
New partner of the olden Crown – Money Transfer – Arksbank – a private Russian bank, has been operating in the financial services market since 1993. The bank provides a wide range of banking services to legal entities and individuals. Head office is located in Voronezh and there are additional offices in Moscow, Belgorod, Stariy Oskol, Pyatigorsk and Yesentuki.
New cooperation enabled the bank’s customers to perform money transfers via Golden Crown throughout Russia, to the countries of near and far abroad. Fee for transfers equals to 0.5% or more and depends on the transaction direction. Available currenciesRUB, US dollars and euro.
Dina Pakhomova, Deputy Chairman of the Management Board of Arksbank OJSC, underlines importance of partnership relations with the Golden Crown – Money Transfer Service and notes: “In order to widen and develop Arksbank’s money transfer business and for the sake of convenience of our customers we have implemented the Golden Crown – Money Transfer service. Later in close cooperation with the Golden Crown we plan to increase the volume of money transfers and the profit thereof and to strengthen our positions in this segment among domestic region banks”.
“Growing volumes of transferred fund require intensive development of the infrastructure, so that the clients could quickly and easily send and receive their transfers in the offices of our partners located close to them, – says Olesya Fyodorova, Deputy Head of the Golden Crown – Money Transfer Service. – Accession of Arksbank will enable us to widen our presence in Russia, and the bank will be able to attract new customers and increase its fee income, due to cross-sale of other retail products as well”.

Arksbank OJSC, Voronezh. License No. 1868. The bank is a member of system of the compulsory insurance of deposits held by physical persons with banks and a participant of Russian Banks Association. As at June 1, 2014 total bank’s assets comprise RUB 839.3 mln, own capital– RUB 460.5 mln, commercial loan portfolio – RUB 470 mln. (according to Expert RA Rating Agency). For more details please go to