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Western Union stops money transfers in Russia and Belarus from March 24

Money transfers sent from Russia to other countries and not paid to recipients before March 24, 2022 will be available to recipients in other countries at any time

MOSCOW, March 10. /TASS/. Western Union payment system will stop money transfers in Russia and Belarus from March 24, the payment system’s press service reported.

"Western Union has decided to stop making money transfers in Russia and Belarus. In this regard, the Western Union payment system stops conducting operations in the Russian Federation," the press service said,

LLC NBFC Western Union DP Vostok, the operator of the payment system in Russia, applied to Bank of Russia with a statement on the exclusion of Western Union DP Vostok from the register of payment system operators from March 24, 2022.

Money transfers sent from Russia to other countries and not paid to recipients before March 24, 2022 will be available to recipients in other countries at any time, according to the press service.

"Money transfers sent to Russia and not paid to the recipient before March 24, 2022, will be returned to the sender. We would like to emphasize that LLC NBFC Western Union DP Vostok operates in strict accordance with all the requirements of Russian legislation, and all obligations to partners, contractors and clients will be fully implemented," the press service said.