"Ukrposhta" will likely start carrying out currency transfers from abroad starting in June. This was reported by Minister of Transport and Communications Yevhen Chervonenko. The corresponding license has already been obtained by "Ukrposhta," thus Western Union's monopoly in this segment has been overcome. According to the Minister, the tariffs in the "Ukrposhta" system will be substantially cheaper. Before launching the system, a small advertising campaign will be conducted. "We are beginning competition in this market," emphasized Ye. Chervonenko.
From June, Ukrposhta plans to start processing foreign currency transfers from abroad
Society · 06:47 13.05.2005
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