Tuesday, January 18 2011 17:07

Turnover of UNISTREAM International Money Transfer in Armenia up to $597.7 million in 2010


ArmInfo. Turnover of UNISTREAM International Money Transfer System in Armenia was up 8.3% to $597.7 million in 2010 versus 2009.

Unibank press-service told ArmInfo the number of transfers for 2010 versus 2009 grew 5.1% and totaled 747774.

The source reported that in 2010 the volume of outgoing transfers grew 33% to $74.7 million. Incoming transfers most of which are from Russia grew 5.5% versus 2009 and totaled $522 million. The number of transfers grew 16.4% and 4.4% to 47682 and 701092 respectively. The average amount of a transfer was $797.


UNISTREAM has over 190000 service points in 95 countries. Transfers via UNISTREAM system are available at all the 34 branches of Unibank. UNISTREAM is the leader in the money transfer market in Armenia and entered the market in the second half of 2002 via its exclusive partner - Unibank.
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