Announcement

Collapse
No announcement yet.

Money Transfers From Russia To Georgia Suspended

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Money Transfers From Russia To Georgia Suspended

    MONEY TRANSFERS FROM RUSSIA TO GEORGIA SUSPENDED

    Regnum, Russia
    Nov 18 2006

    The money transfers from Russia to Georgia via the UNIStream system
    were suspended because of a sharp decline in their volume, the chairman
    of the council of the Unibank, the president of the Uniastrum bank
    (Moscow) Gagik Zakaryan said during a press-conference in Yerevan
    today, Nov 17.

    He said that the volume of money transfers from Russia to Georgia has
    decreased by 3-4 times because of "the measures taken with regard to
    Georgian gastarbeiters" and the technical problems of the Georgian
    banks.

    Asked why UNIStream has stopped remitting money from Armenia to
    Georgia, the chairman of the Board of the Unibank Vardan Atayan said
    that the system is located in Moscow and all money transfers are
    made via Moscow. "The transfer of money from Armenia to Georgia is
    carried out via Moscow and, if the system stops transferring money
    from Russia to Georgia, we can't do it from Armenia," Atayan said.
Working...
X