General conditions of remittances via RIA Money Transfer: the remittance fee is paid by the sender only, the payment of the transfer is free of charge. When sending money or receiving a payment via RIA Envia a client wants to open the bank account, such account is opened by for free. RIA Money Transfer is operating in the sector of remittances since 1987, when it started to carry out money transfers from the U.S. to Latin America. RIA Envia is planning to develop its wired transfer service between the CIS countries (already connected to the bank systems of several countries). But for the present in these countries bank clients can only receive money transfers, sent from abroad via RIA Money Transfer. Payment of transfers. Payment is made in cash in U.S. dollars, but you can get transfer also in Euro. Conversion of funds will then be made at the bank rate at the date of receipt of the transfer. In order send or receive wired money transfer via RIA Money Transfers neither the recipient nor the sender doesn't have to have any bank accounts. In 2012 RIA launches www.riamoneytransfer.com allowing consumers to send money transfers online from the US and opens its hub in Santiago de Chile. The system of RIA Money Transfer works according according to the principles "speed, reliability and accuracy" in the implementation of money transfers.