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In January-July 2024, AZN 1 billion 58.2 million entered Azerbaijan through rapid money transfer systems to banks. The volume of funds sent abroad from Azerbaijani banks amounted to AZN 303 million, APAreports citing the Central Bank of Azerbaijan.
Compared to the January-July period of the last year, the volume of funds entering banks through rapid money transfer systems decreased by 29.9 % or AZN 450.9 million, and the transfers from banks abroad decreased by 17.6 % or AZN 64.6 million.
Note that in January-July 2023, AZN 1 billion 509.1 million were received by banks in Azerbaijan through fast money transfer systems. The volume of funds sent abroad from banks amounted to AZN 367.6 million.
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