UNISTREAM COMMERCIAL BANK (JSC) is registered in Russia as a Banking Institution licensed by the Central Bank of Russia to provide money transfer business. The Bank is the operational and coordination center of International Money Transfer System. UNISTREAM provides money transfer services across 95 countries and territories, worldwide.
UNISTREAM core business is cash to cash money transfers between individuals without having banking accounts. Besides, UNISTREAM product portfolio also consist of cash to account; cash to card; commercial payments (loans repayments, utilities payments, etc.), Internet payments and mobile money transfers. UNISTREAM has established partnership with several International Organizations: principal member of IAMTN (International Association of Money Transfer Networks), regular participant in BACEE (Banking Association for Central and Eastern Europe), member of Eurogiro technical solution and SWIFT.
An established international market player, UNISTREAM is currently focused towards development of principal international corridors. The system operates over 190 000 outlets including terminals worldwide. Serving up to 6 million clients per annum, UNISTREAM has affiliates in Greece, UK, Cyprus, and Germany. Based on both own service points and partner’s ones, the system is currently in partnership with over 350 financial institutions around the globe.
Since the time of inception in 2001 UNISTREAM’s business is a rapidly growing year over year. The total number of transactions in 2009 has almost tripled from 2 million of transactions in 2006 to 5.8 million in 2009. The total volume transferred in 2009 is equal to $3.8 billion. Today UNISTREAM has one of the leading positions in CIS Market (ex-USSR) with approximately 27.8 % share of volume. With its ambitious plans to develop global markets, the System is rapidly developing its own network in Europe. Presently UNISTREAM leadership is putting its best efforts in development of Asian corridors, including China, India, Philippines, and Sri Lanka thus actively strengthening its positions in all principle international directions.
Today UNISTREAM staff in Russia is more than 900 employees. Management team consists of professionals with more than 10 years of experience in Money Transfers industry. UNISTREAM has own representatives in CIS countries, Europe, USA and Asia who work actively with partners and diasporas in the region. UNISTREAM has a strong AML/Compliance team whose main focus is prevention of Money laundering and financing of terrorism.