POLITICS

National Bank: Unverified information has been spread that it is still possible to make money transfers from Russia to Georgia through Unistream - none of the entities of the financial system has resumed cooperation with Unistream

17.05.24 13:10


According to the National Bank, unverified information has been spread that it is still possible to make money transfers from Russia to Georgia through the Unistream fast payment system.

 

According to the National Bank, since July of last year, none of the entities subject to the regulation of the National Bank has no longer served the mentioned system.

 

"It should be noted that none of the commercial banks, microfinance organizations or payment service providers registered in Georgia use Unistream's fast payment service. We remind you that the United States Treasury included the Russian money transfer system Unistream in the list of sanctioned persons since July of last year. From this time onwards, none of the entities subject to the regulation of the National Bank has served the mentioned system. The financial system is in full compliance with the financial sanctions imposed by the USA, the European Union and Great Britain on the Russian Federation. The National Bank, as the regulator of the country's financial sector, will not allow remittances to be made through a sanctioned company in the Georgian financial system. In addition, the Georgian financial sector continues to work as usual", - reads the information released by the National Bank.

 

 

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