Several banks in Kazakhstan, Uzbekistan, Armenia and Georgia, as well as Kazakhstan’s national postal operator, Kazpost, announced that they would stop accepting and sending money transfers through the Unistream system in rubles and the national currency.
Unistream on July 20 came under US blockade sanctions. On the same day, the US Treasury’s Office of Foreign Assets Control (OFAC) added Tinkoff Bank, Loko-Bank and Solidarity Bank to the sanctions list.
Unistream reported that it had created an infrastructure solution that would allow it to work with partners on a regular basis without interruption. However, it was not specified what type of instrument it was.
- Frank Media, citing Kazakhstan’s Freedom Finance support service, reports that transfers via Unistream do not go through. Kazpost also suspended sending and receiving money to Unistream from July 20, TASS writes.
- In Armenia, 4 out of 18 commercial banks announced the termination of work with Unistream, reports Interfax. Said notifications were received by the clients of Armeconombank, Ardshinbank, Converse Bank and Evocabank.
- In Georgia, five banks have stopped transfers through Unistream: TBC Bank, Bank of Georgia, Liberty Bank, Credo Bank and Basisbank. Failure to maintain the payment system at the Rico Credit MFI was announced.
- In Uzbekistan, against the background of sanctions, Hulk Bank and Ipoteka Bank stopped working with Unistream, TASS writes.
- Among Kyrgyz banks, Companion, DemirBank, Asia Alliance Bank and Aiyl Bank stopped working with Unistream. FINCA Bank has suspended the issuance and sending of funds through Unistream in dollars and euros; there are no restrictions on rubles.
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