News of the Bank

PRAVEX-BANK became the member of the UNISTREAM system

        PRAVEX-BANK has signed an agreement with CB "Unistream" about cooperation and became the member of the international money transfer system for physic persons, that doesn't require a bank account opening.

        «Unistream» in PRAVEX-BANK — is all about fast and comfortable money transfers, which are available at 2500 points in 85 countries of the world. Regarding to this new service the Bank's present and potential clients will be able to transfer money to any point over the world within 10 minutes for only 1,5% of the sum transferred.

         The Director of the interbank relations department Dmitriy BUTS comments: "During the last year Unistream has shown considerable growth of its market's share, which has increased in 2006 from 6 up to 13%. There is nothing strange about that, because Unistream proposes a very attractive rates policy. And now we have started cooperation with them by proposing Unistream more than a half of thousand of our points all over the Ukraine and by giving our clients the possibility to transfer their money by Unistream's low rates. Owing to the cooperation with new transfer systems, and also to the planned growth of division's quantity from 540 to 600 till the end of 2007 we are expecting the increase in turnover of money transfers up to 20%".

Today PRAVEX-BANK is already a direct representative agent of Western Union and MoneyGram money transfer systems. "In the near future we are planning to sign a contract with one more international money transfer system" — Mr. Buts added.