INECOBANK's network of money transfers
is joined by another system TANDEM. INECOBANK's press service told ArmInfo the
transfers via TANDEM system are possible in terms of USD, EUR, RUR, and AMD and
become available to recipients in a couple of minutes. The maximum size of a
money transfer is 10,000 USD/EUR, 500,000 RUR, and 4 million AMD.
Thanks to the InecoTransfer service, money can be
transferred directly on the recipient's bank account. TANDEM system is available in Russia, Abkhazia, Belarus, Georgia,
Kazakhstan, Moldova, Tajikistan, Uzbekistan, Ukraine, Estonia, South Ossetia,
Kyrgyzstan, Latvia, Lithuania, China, Vietnam, as well as in Armenia (in terms
of the national currency).
INECOBANK also serves the money transfer systems
Unistream, Money Gram, Intel Express, Avers, Anelik, Sigue Money Trasnfer
(SMT), and Inter Express.
On February 14, 2014, "Tandem Payments"
launched a universal eWallet which gives an opportunity to make various fast
and secure payments online. A payment portal was created in the same year. It
allows making payments without registration.
In 2013, the company was granted a license by the
Central Bank of Armenia to issue electronic money and the right to launch
"Tandem Transfers" payment system. The latter is the first national
money transfer system in the RA through which you can make fast money transfers
both in the territory of RA and abroad. "Tandem Transfers" cooperates
in Armenia with over 10 banks and settlement organizations. Transfers are made
in the Armenian drams, Russian rubles, US dollars and euro.