Zolotoya Korona leads on money transfers’ volume from Russia to Uzbekistan

Tashkent, Uzbekistan (UzDaily.com) -- One third of money transfers from Russia to Uzbekistan were sent with Zolotoya Korona – Money Transfer system in 2010, the system said in a statement.

According to the Central Bank of Russia, share of Zolotoya Korona – Money Transfer in total volume of remittances from Russia to Uzbekistan reached 34% in the fourth quarter of 2010.

Share of Zolotoya Korona – Money Transfer from Uzbekistan to Russia made up 23.46% in the reporting period.

Uzbekistan is one of the leaders on the volume of money transfers from Russia. In 2010, total money transfer turnover between Uzbekistan and Russia exceeded US$3 billion, of which US$850 million were processed by Zolotoya Korona – Money Transfer.

Zolotoya Korona – Money Transfer cooperates with 11 banks in Uzbekistan and number of service points exceeded 560. Active development of partnership programme helped to increase Zolotoya Korona – Money Transfer network by 60%.