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İnternational Money Transfer

Using Parabank's international money transfer service customers are able to transfer express money more than 200 countries around the world.

The advantages of Parabank's money transfer system

  • "Western Union" is the official distribution of money transfer system.
  •  Majority of transfer system
  • Simplicity rules of procedure
  • Realizing money transfer during the min. 3 max. 15 minutes more than 200 countries around the world
  • Only sender indemnifies commission fee. Recipient does not pay any commission fee.
  • Documentation is realized only by ID information.
  • Receiving money during the short period (3-15 mint.) is guaranteed.

Parabank sets Western Union system in more than 200 Azerpost's station. Additionally, in all Parabank's branches in Baku and regions this system can be used.

The procedure of money transfer

For sending and receiving money the customer must approach with ID. to one of the Parabank's branches.

The followings should be noted during transferring.

  • Receiver's country and city 
  • Receiver's full name
  • Sender's full name
  • Sender's phone number
  • Sender's address

After all these procedures the customer is given transfer code and statements. Customer must make the code report to receiver.  

The receiver must give the following information while the money transfer.

  • The identification code must be presented.
  • Transferred.
  • Sender's full name
  • Money's transferred city and country
  • Transfer control number

Connecting to the systems of Western Union, Bystraya Pochta, Zolotaya Korona, Private Money, Caspian Money and Asia Express Parabank allows conveniently money transfer system.

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Max. amount - 7400$. Type of currency: USD. Number of station - more than 335 000. Transfer time 1-10 minutes. There is no need to open bank account for transfer; it is protected by reliable security system.   Also information (not being more than 20 words with Latin script) can be send during the transfer. Control number includes 10 digits. System is without an address. The service fee is paid only by the sender. Service fee depends on amount and country.

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Geography of coverage: CIS countries, Georgia. Max. amount : 15000. Type of : USD/EUR. Transfer period: 1 minute. There is no need to open bank account for transfer. Control number includes 10 digits. System is without an address. The service fee is paid only by the sender. The service fee is paid only by the sender. Service fee: Transfer amount 2%, min. 5 USD\EUR.

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Geography of coverage - CIS countries, Georgia, Portugal, Latvia and Cyprus. Max. amount - 10 000 USD/EUR. Type of currency - USD/EUR. Period of transfer - 1 minute. There is no need to open bank account for transfer. Control number includes 12 digits.  The service fee is paid only by the sender. Letters may be available within the code. System is without an address. Service fee is paid only by sender. Service fee: 3% of transferred amount, min. 3 USD\EUR.

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Geography of coverage - CIS countries and China. Maximal amount - 20 000 USD / 500 000 RUR. Type of currency - USD/RUR. Tariff-1,5% of transfer amount.

 caspianmoneytransfer_211_02

Geogaphy of coverage: 46 countries, including the Baltic states and CIS countries, The United States, The United Kingdom, China. Maximum amount - unlimited. Currency: AZN \ USD / EURO / RUR.Tariffs: 1.5% of transferred amount. The service fee is paid only by the sender. Period of transfer - 5-10 min. There is no need to open bank account for transfer. Integration of the systems (LEADER, AVERS, Zolotaya Korona). Money is sent to the specific address (Targeted System).

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Geography of coverage - CIS countries. Minimal commission for transfer is 2%. Transfer is realized for 2 minutes.