New service

Published: 15 September 1999 y., Wednesday
Sobinbank in Moscow introduced a new service, which is to make traveling abroad easier. At present, it is the only Russian bank providing Visa Travel Money. The card is unique for Russia. It has all the advantages of traveler_s checks; the money on the account can be withdrawn from 500,000 Visa automatic teller machines throughout the world. This card is anonymous, and works with a PIN-code; to obtain the card it is not necessary to open a bank account. When going abroad with a Visa Travel Money card, a cardholder does not have to fill in a customs declaration. A card holder may give his card to any other person. Issuing of a Visa Travel Money card in any Sobinbank_s subsidiary takes only a few minutes. The bank takes a commission - 1% from the total amount put on the card. The minimum sum to be put on a card is $100; the maximum, $10,000. Though the card is not issued to a person_s name, one has to show his passport to have a card issued. Visa Travel Money_s card is payable to the bearer, and can be used by any person on the condition that the card owner provides him with a PIN-code. A client has a possibility to obtain additional cards (up to 9, at a cost of $5 each).
Šaltinis: Independent Media
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

The U.S. has made a decision to transport shipments via Lithuania

President of the Republic of Lithuania Dalia Grybauskaitė welcomed the decision taken by the U.S. Government to transport shipments for the international mission in Afghanistan by transit via the Klaipėda Seaport. more »

Budgets Committee backs EU Solidarity Fund aid for France and Portugal

EU Solidarity Fund aid to repair storm damage in France and Portugal was approved by the Budgets Committee on Thursday. more »

European Investment Bank to provide technical support for sustainable and climate resilient water projects in Samoa

The European Investment Bank and the Government of Samoa formally agreed to support the rehabilitation and upgrade of independent water schemes in the Pacific island state under a EUR 250,000 technical assistance programme. more »

Single Market Forum: A Europe for businesses and consumers after 2012?

Steps to overhaul the European Union's flagship single market were discussed on Tuesday (9 November) by MEPs and interested parties. more »

Blueprint for energy security

Strategy to secure a sustainable EU energy supply and support economic growth over the next decade. more »

EU Globalisation Adjustment Fund: Parliament backs aid for Irish workers

EU funding to help 850 former workers in the aircraft maintenance industry around Dublin find new jobs was approved by the European Parliament on Thursday. more »

Afghans hope saffron will oust Opium

Saffron farmers in western Afghanistan hope to oust opium as a harvest crop. more »

€114,250 form EU Globalisation Fund to help 189 former workers in Polish shipbuilding sector

The European Commission has approved an application from Poland for assistance from the European Globalisation adjustment Fund (EGF). more »

Vision for European industry

New plans for EU industry to create jobs while keeping manufacturing in Europe. more »

€ 3.5m from European Globalisation Fund to help workers in Spanish textile and construction sectors

The European Commission has approved two applications from Spain for assistance from the EU Globalisation Adjustment Fund (EGF). more »