Gerelt Telmen, Deputy Director of
Mongol Post JSC highlighted: “Euro-
giro’s broad global reach will ensure
Mongolian citizens living abroad will
have a new, more efficient channel to
transfer money, as opposed to current
banking systems and other intermittence
networks.”
Mongol Post JSC has completed prelim-
inary system set-up and is starting the
testing process with Korea Post in Q4
2018. Further plans include continuing
implementation of money transfer
services in other countries with a high
number of Mongolian citizens, such as
Japan and Germany.
Gerelt Telmen stated: “During the
Eurogiro Annual Conference we met and
discussed partnership opportunities
with representatives of Korea Post and
of Japan Post Bank. We have reached
an agreement and will provide Eurogiro
services starting with Korea Post. This
will provide our customers a reliable
and inexpensive money transfer option
between the two countries. For example,
Mongolians in Korea can use a wide net-
work of over 5,000 Korean Post branches
for this low cost and fast service”.
3
Mongol Post JSC
Mongol Post JSC joins Eurogiro.
During the Eurogiro Annual Conference in Copenhagen on 6-8 June 2018, Mongol Post signed a connection
agreement to become a new member of Eurogiro.
Mongolians living in Korea will be able to transfer funds back home using the Eurogiro network.
From left: Jacob Tackmann Thomsen, Founder and CEO of Inpay, Michel Stuijt, CEO of Eurogiro, Gerelt Telmen, Deputy
Director Strategy and Business Development of Mongol Post JSC and Ganzorig Chuluun, Chief Executive Director of ARD
10 Eurogiro News
