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Unıstream money transfer system opens representative office in Uzbekistan

Business Materials 22 May 2012 16:50 (UTC +04:00)

Uzbekistan, Tashkent, May 22 / Trend D. Azizov /

The Unıstream money transfer system has opened a representative office in Uzbekistan, the company said on Tuesday.

According to the information, the system's head office will be located in Tashkent.

"The need for a representative office is due to several factors," a statement said.

For example, Uzbekistan is one of the most promising corridors of remittances not only in Central Asia but also in the CIS as a whole. In this regard, Unıstream will coordinate important activities such as building partnerships with local financial institutions.

Unıstream began working in Uzbekistan more than nine years ago. Today, the network has over 1,200 points in the country.

The country is actively promoting the Unıstream unified customer card.

According to the system, in the first quarter of this year, the increase in the volume of transactions compared to the same period last year, was 33 percent.

The system works with 135 banks in the former Soviet Union.

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