The Central Bank of Republic of Armenia authorized "Converse Bank" Closed Joint-Stock Company to join the Money Gram International Payment System. The corresponding Board Meeting of the RA CB took place on December 2, 2008.

Through Money Gram International Payment System citizens can remit money from/to various countries of the world. The service is available in all branches of "Converse Bank" CJSC.

"Converse Bank" CJSC has a wide network of correspondent relations. Up to date Contact, Migom, Blizko, InterExpress, Leader, Allure, Zolotaya Korona fast transfer systems have provided remittance services to the Bank. And now the Bank has joined Money Gram.