TODAY.AZ / Politics

Activity of monetary transfers systems Western Union and MoneyGram blocked in Azerbaijan

01 August 2008 [13:55] - TODAY.AZ
A special resolution of the National bank of Azerbaijan blocked the activity of the Western Union and MoneyGram monetary transfers systems in the country.
In line with the decree, the transfers and receipt of money by Western Union and MoneyGram systems were fully stopped in all banks of Azerbaijan.

It should be reminded that on July 24 Today.Az posted a material "Big monetary transfers system Western Union assists to Armenian diaspora in transferring money to Nagorno Karabakh separatists" and "Another bigger monetary transfers system MoneyGram assists to Nagorno Karabakh separatists", in which we covered the problem of transfers of money to Nagorno Karabakh from all countries of the world, which is considered to be the assistance to separatists of the said area.

In these articles we called on all the authorized structures of Azerbaijan to react to this fact in the duly manner.

Fortunately, the National Bank of Azerbaijan timely interfered with this issue.

It should also be reminded that Day.Az informed the public that Migom monetary transfers system promote money transfers to separatist of Nagorno Karabakh.

After the material was posted, head of department of Migom monetary transfers Lev Chugunov told Day.Az that respecting the sovereignty of Azerbaijan, as well as the history and culture of our country, Migom ceased monetary transfers in the direction of Nagorno Karabakh.

In turn, we are confident that we should not stop on it.

Day.Az calls on the Azerbaijani Foreign Ministry, Finance Ministry, National Bank, Cabinet of Ministers, Banks Association to study the details, connected with cooperation between the Russian VTB bank and Artsakhbank and the "shutdown" of the VTB bank affiliate in Nagorno Karabakh.


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