Telcell and Sberbank start a new cooperation

The followiing is a press release by Sbrebank:

Now there is an option in Sberbank Online application to instantly transfer money from Russia to Armenia by just entering a recipient’s mobile number.

To transfer money one needs to enter the Transfer section of Sberbank Online application then select Abroad - by Mobile Number then select Armenia - Telcell Wallet, enter recipient’s mobile number and amount of money. That’s all; the amount will be transferred to the recipient's Telcell Wallet account in seconds.

Transfer limit is 50,000 rubles per day. When transferring up to 3000 rubles, the commission is 30 rubles, and in case of more than 3000 rubles - 1%.

The transfer is carried out in rubles and is automatically converted into Armenian drams in Telcell Wallet. Money transfers to the user's account instantly.

“For all the citizens of Armenia this is a great opportunity to receive money transfers from the Russian Federation, where we have a large Armenian Diaspora. Cooperation with the largest bank in the Russian Federation will allow the users of Telcell Wallet to receive money instantly without leaving their familiar digital environment.

In the near future we plan to start cooperation allowing our users to transfer money to the users of Sberbank Online”.