Connecting Armenia to Europe

On April 27th, HayPost, the official postage service of Armenia, signed the membership agreement for Eurogiro Network.

By this agreement HayPost offices will be electronically connected to more than 60,000 post offices across Europe; the 50 million Postbank accountholders in Europe will be able to send money in a reliable, fast manner and at low cost to any of the 900 communities in Armenia. The Eurogiro membership also provides high quality gateways to the US banking system, and e.g. postal banks in Brazil, Japan and China.

"The Eurogiro membership is a fundamental step towards the Postbank in Armenia - it will fuel the competition in money transfers. Armenia's rural and remote communities will be able to receive their money literally around the corner- without the need to travel a day to a bank branch in the city," said Hans Boon, trust manager of HayPost. "Armenia is the first country of the Commonwealth of Independent States that joins Eurogiro - we are very happy with this expansion of Eurogiro's network and welcome HayPost !" commented Soren Rose, the Deputy Managing Director of Eurogiro Network. The agreement was signed today in Switzerland, Berne at the headquarters of the Swiss PostFinance, one of the leading members of Eurogiro. -http://www.armradio.am

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