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24 Mar 2022

Amrit Burman, Republicworld

Western Union stops all finance-related operations in Russia & Belarus

Russia-Ukraine war: Western Union stops all finance-related operations in Russia, Belarus, 24 March 2022

...Western Union took...decision in the light of the "unproven and unjustified invasion of Ukraine" by Russian forces. With this, the company has now joined the international community in expressing sincere hope for a diplomatic and peaceful resolution.

Furthermore, Western Union has also started working to help its Ukrainian customers by making charitable donations and providing fee-free money transfer services. Ever since the Russian President launched a "special military operation" against Kyiv, over a hundred corporations from various industries have cut or pulled back their business ties with Moscow...

"Western Union has decided to stop making money transfers in Russia and Belarus," the press service said. The company has confirmed that from March 24, Russian clients will not be able to transfer or receive money from any foreign countries, and 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...

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