Haypost and Russian Post Sign Money Transfer Agreement
HayPost and Russian Post signed an important agreement to implement “Forsage” express money transfers system between Armenia and Russia.
Accordingly, HayPost and Russian Post will connect their post offices (44,000 in Russia and 900 in Armenia) through the “Forsage” system.
This system, new for the Armenian market, will allow residents to send and receive money transfers fast and at very competitive rates from any post office in Russia to any post in Armenia and vice versa, including those in the most remote rural areas.
The system will be launched in the first quarter of 2015.
Also, as part of the agreement, the National Postal Operators of Armenia and Russia agreed to develop e-commerce between the two countries.
“HayPost” CJSC
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