The Bank “Bai-Tushum and Partners” joined money transfer system “Golden Crown”


The Bank “Bai-Tushum and Partners” announced about starting of the money transfer system “Golden Crown”. Clients of the Bank can transfer fast to any point of Russia and near abroad countries, without opening an account in the Bank.

The first money transfer “Golden Crown” was sent to Russia from CJSC “Microfinance bank “Bai-Tushum and Partners”. It is possible to send or receive money transfer “Golden Crown” in rubles, US dollars and euro in all 45 offices of the Bank located throughout Kyrgyzstan.

“According to data of CB RF for 2012, Kyrgyzstan takes fourth place on value of individual transfers from Russia, and we are certainly striving to develop affiliate service network in this country, commented Olesya Fedorova, deputy director of service “Golden Crown – Money Transfer”. Partnership with such big bank as “Bai-Tushum and Partners” allows increasing number of points of the network in principal cities and regions of the Kyrgyz Republic, and therefore to make money transfer services more accessible and comfortable for customers”.

New tariffs of money transfer “Golden Crown” are already working in offices of the Bank. Fees charged for transfer to Russia up to 100 thousand rubles/ $2500/ 2000 EUR is 1%; transfer in amount from 100 thousand rubles – 1000 rubles ($25, 20 EUR); for transfer to CIS countries is set fix tariff – 1,5%.

Reference information: «Golden Crown – Money Transfer» is part of the Center of Financial Technologies Companies Group. The service provides money transfer services in all post-soviet countries and has infrastructure with 40 thousand service points, located in following countries: Abkhazia, Azerbaijan, Belarus Republic, Georgia, Kazakhstan, Kyrgyzstan, Moldova Republic, Russia, Tajikistan, Uzbekistan and Ukraine. Detailed information is on official site and Facebook.

CJSC Microfinance bank “Bai-Tushum and Partners” has more than 12-year experience of successful activity in the market of the Kyrgyz Republic. In November 13, 2012 “Bai-Tushum and Partners” became the first microfinance organization in the Central Asia obtained full banking license from the National Bank KR. For 12 years activity the organization became the one of the large microfinance institutions in the Kyrgyz Republic with total assets of 100 million US dollars. Today, Microfinance Bank “Bai-Tushum and Partners” entered to six large banks of the Kyrgyz Republic, serving of more 30 thousand clients, providing available financing and full range of banking products and services, and also access to innovative financial solutions in order to provision of stable growth.