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40% Of Transfers From Natural Persons Abroad To Armenia Made ByUnist

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  • 40% Of Transfers From Natural Persons Abroad To Armenia Made ByUnist

    40% OF TRANSFERS FROM NATURAL PERSONS ABROAD TO ARMENIA MADE BY UNISTREAM SYSTEM

    Noyan Tapan
    May 03 2006

    YEREVAN, MAY 3, NOYAN TAPAN. The total amount of money transfers from
    other countries to Armenia by the UNIstream system without opening a
    bank account made 250 mln USD in 2005, or 40% of the money transfers
    made by natural persons. Chairman of the Unibank's board Vardan
    Atayan stated this during the May 3 press conference. According to
    him, this year it is envisaged to increase these transfers to 400 mln
    USD. Transfers from 46 countries to Armenia are currently made by the
    UNIstream system. The system, which was founded by the Uniastrum Bank
    (Russia), covers about 80 countries with its 30 thousand service
    offices, about 3 thousand of which operate in Russia. It was noted
    that UNIstream's services doubled in Armenia in 2005, amounting to
    a total of 383 bln drams (about 851 mln USD).
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