The international money transfer UNISTREAM has opened and option of inbound and outbound remittances through the branches of Moldova-Agroindbank SA in Moldova [Republic of].
Chisinau-headquartered, the bank operates in almost all major cities of the country including Beltsy, Ungeny, Kagul, Komrat and Orgiyev.
The system currently operates over 1300 service points in the republic. Its turnover in Moldova reached $ 87.2 million in the 3 rd quarter of this year, the number of transactions exceeded 142,000.
During the first 9 months of 2010, the volume of transactions of UNISTREAM in Moldova reached $214 million and the number of transactions grew to 405,000.
The system considers integration with Moldova-Agroindbank as a remarkable progress not only in the local remittances market but also in the entire CIS segment of the money transfers.
"Given that Moldova is one of the principal donor countries in terms of labor migration in the CIS, the integration with such a big player has a great potential and gives a serious impetus to increase in the system network in the republic," said the PR-director for UNISTREAM, Max Ognev.
He noted that the CIS is today one of the most attractive markets remittances wise in the world, and the steady development of the network in the region is a part of UNISTREAM strategy as a major international player.
"In the CIS we implement the most interesting projects, including unique combination of address and address-free transfers, cash-to-account remittances and development of the unified client card program that brings the market to a new level.
Ognev reported that within less than a month since the beginning of card emission, the number of clients obtained the card exceeded 100 000.
He also informed that the number of the service points UNISTREAM operates in the CIS has exceeded 11 000.