Russian and Chinese Posts start exchanging e-postal orders

An agreement was signed between the Russia Post, the Federal Unitary Enterprise and the Chinese Post, the Chinese Corporation.

According to the agreement, e-postal orders in the RF are to be paid in rubles, while in China in the US dollars or in yuans. At the same time the highest order should not exceed USD 1.5. The number of e-orders accepted in Russia and addressed to one client is not limited.

At present the technical base in both countries is absolutely ready to start providing the service, corresponding to the technology developed by the Worldwide Postal Alliance, the international bureau. The parties are to arrange and carry out e-orders using the mentioned technology.

The orders could be carried out between the individuals, the individuals and entities, and vice versa. Thus the money transfer is to cover all the main market segments.

The tariff for the carried out services is to be equal to the already existing tariffs for the international transfer of money: from 2% to 5% depending on the sum. The average time of transfer is from 2 to 3 days.

The Russian Post is going to sign agreements on e-orders with a number of other non-CIS countries. According to Igor Syrtsov, Russian Post Director General such agreements are to be signed with France, Israel, Turkey, and the UAE. Igor Syrtsov noted the Russian Post had already switched to the e-postal orders. The Russian Post currently carries out e-postal orders with Ukraine, Kazakhstan, Byelorussia, Azerbaijan, Armenia, Kirgizia, Lithuania, Moldavia and Estonia.

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