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Activity Of Monetary Transfers Systems Western Union And MoneyGram B

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  • Activity Of Monetary Transfers Systems Western Union And MoneyGram B

    ACTIVITY OF MONETARY TRANSFERS SYSTEMS WESTERN UNION AND MONEYGRAM BLOCKED IN AZERBAIJAN

    Today.Az
    01 August 2008 [14:55]

    A special resolution of the National bank of Azerbaijan blocked the
    activity of the Western Union and MoneyGram monetary transfers systems
    in the country.

    In line with the decree, the transfers and receipt of money by
    Western Union and MoneyGram systems were fully stopped in all banks
    of Azerbaijan.

    It should be reminded that on July 24 Today.Az posted a material
    "Big monetary transfers system Western Union assists to Armenian
    diaspora in transferring money to Nagorno Karabakh separatists" and
    "Another bigger monetary transfers system MoneyGram assists to Nagorno
    Karabakh separatists", in which we covered the problem of transfers
    of money to Nagorno Karabakh from all countries of the world, which
    is considered to be the assistance to separatists of the said area.

    In these articles we called on all the authorized structures of
    Azerbaijan to react to this fact in the duly manner.

    Fortunately, the National Bank of Azerbaijan timely interfered with
    this issue.

    It should also be reminded that Day.Az informed the public that Migom
    monetary transfers system promote money transfers to separatist of
    Nagorno Karabakh.

    After the material was posted, head of department of Migom monetary
    transfers Lev Chugunov told Day.Az that respecting the sovereignty
    of Azerbaijan, as well as the history and culture of our country,
    Migom ceased monetary transfers in the direction of Nagorno Karabakh.

    In turn, we are confident that we should not stop on it.

    Day.Az calls on the Azerbaijani Foreign Ministry, Finance Ministry,
    National Bank, Cabinet of Ministers, Banks Association to study the
    details, connected with cooperation between the Russian VTB bank and
    Artsakhbank and the "shutdown" of the VTB bank affiliate in Nagorno
    Karabakh.
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