NBU registers iBox Money Transfer intl system

16:10, 16.08.2016 1 min read

The National Bank of Ukraine on August 4 registered the iBox Money Transfer international remittance system, whose payment organization is PJSC iBox Bank (formerly Agrocombank, Kyiv).

Participants in the payment system are OJSC Zaminbank (Azerbaijan) and PJSC Artem-Bank (Kyiv).

According to the NBU, taking into account iBox Money Transfer, currently eight payment systems, whose payment institutions are banks, are registered, three of them are international.

In addition, 11 payment systems, created by non-banking institutions, are registered, including one international.

As reported, in May Agrocombank stated the National Bank of Ukraine had approved the rules of the iBox Money Transfer international payment system.