Pravex Bank's Pravex-Telegraph money wiring system is now an international payment system and has been renamed as TELEGRAF.
Instant funds transfers are available through partner systems in financial institutions such as banks in the Ukraine and beyond, according to a press release. The service is also available at select self-service terminals in the Ukraine.
The original Pravex-Telegaph system has been in operation for 15 years. Four banks are participating in the program so far.