(MENAFN- Trend News Agency) BAKU, Azerbaijan, August 3. The
Central Bank of Azerbaijan (CBA) takes measures against financial
organizations violating the country's legislation, trend reports.
Thus, the CBA has banned the operations of a Russian
bank, operator, and settlement center of the Unistream payment
system on the territory of Azerbaijan.
According to the CBA, in order to ensure compliance
with national legislation by financial market participants, the
Central Bank constantly monitors money transfer systems and
prohibits the activities of institutions that do not meet the
requirements.
"In connection with the revealed violations of the
activities of financial organizations on the territory of
Azerbaijan, the activities of such money transfer systems as
Unistream, Migom Bank, Leader, Fast Mail, Interexpress, RIA Money
Transfer, Intelexpress, and Sigue Money Transfer were banned," the
CBA said.
Earlier, it became known about the acceptance and
sending of payments under the Unistream system in the Azerbaijani
cities of Khankendi and Kelbajar.
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