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Western Union suspends operations in Russia, Belarus

  • By Al Mayadeen Net
  • Source: Agencies
  • 10 Mar 2022 22:40
  • 1 Shares
2 Min Read

Another company joins the growing number of businesses stopping their operations in Russia, following the latter's special military operation in Ukraine.

  • x
  • Western Union suspends operations in Russia
    Western Union will stop money transfers in Russia and Belarus as of March 24

The Western Union payment system will stop money transfers in Russia and Belarus from March 24, to give its customers a 2-week period to prepare for the termination of the service, the company's spokesperson told RIA Novosti. 
 
"Non-Banking Credit Organization Western Union MT East LLC, as a payment system operator in Russia, applied to the Central Bank of the Russian Federation with a request to exclude Non-Banking Credit Organization Western Union MT East LLC from the register of payment system operators from March 24, 2022. We are working with our partners 24/7, and our partners and customers will be able to prepare for a service stop within two weeks," the spokesperson said. 
 
Transfers that will be sent to Russia and not paid to the recipient before March 24, 2022, will be returned to the sender, she added. 
 
"We would like to emphasize that Non-Banking Credit Organization Western Union MT East LLC operates in strict accordance with all the requirements of Russian legislation, and all obligations to partners, contractors, and customers will be fulfilled in full," she concluded.

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