Electronic Money Exchange Monitor

Bank Transfer (Wire Transfer) is a transfer of money to a bank account. It's one of the most popular way to pay in the world. As a rule, the recipient needs to have a bank account to receive money. However there are many banks that allow this transaction without opening a bank account.

Telebank is a system for distant banking services offered by VTB Bank: you can operate your bank accounts or cards anytime and anyplace – online, by cell phone or land line. VTB Telebank customers easily buy and sell foreign exchange, make transfers, deposit funds, top up their credit cards, pay utility bills, etc.