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Finance 20/08/2010 UNISTREAM expands its presence in Uzbekistan
UNISTREAM expands its presence in Uzbekistan
Tashkent, Uzbekistan (UzDaily.com) -- Alokabank open joint stock commercial bank became new partner of UNISTREAM international money transfer system in Uzbekistan. Alokabank is the twelfth partner of UNISTREAM in Uzbekistan.

UNISTREAM said that the sides started corresponding integration project. It is expected that the project will allow to add 70 points to the system.

Maks Ognev, PR director of UNISTREAM, said: “One of key moment of UNISTREAM development is expanding network of operational points on all main directions of remittances – CIS states, Asia, Europe and Gulf. In this connection, we pay great attention to launch partnership projects with regional banks and financial institutes, possessing developed branch network.”

He underlined that UNISTREAM is attractive for partners with wide geographic coverage, powerful clientele base, modern IT system and wide scale innovative products.

UNISTREAM traditionally differs with high speed, low tariffs, which starts from 1%, simple registration and reliability. Besides, the clients can use addressless money transfer, which means that receiver can get money in any point of UNISTREAM in Uzbekistan.

Currently, UNISTREAM has over 1,000 points in Uzbekistan. The system controls almost 25%. In the first half of 2010, the remittances’ number rose by 10% to 420,000.

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