Eurogiro ties up with Korea Post to speed up Mongolian transfers

Mongolia has joined the list of countries using Eurogiro to transfer money to Korea, following Japan and Switzerland. The move represents a change for Mongolia as earlier senders would have to get a certificate of money exchange from the government and then send the money via mail. Wiring through Korea Post's Eurogiro link up will allow money to reach the recipient in Mongolia in three to five days, a vast improvement.