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Unistream Bank
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2001 (24 Years)
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What are the differences in regulations for each
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Company Information
Get to know Unistream Bank
Company Information
Get to know Unistream Bank
Unistream is one of the leading cross-border money transfer institutions in Russia. Unistream was launched by Gagik Zakaryan and George Piskov in 2001 as a money transfer division of Uniastrum Bank. The abundance of secure and conveniently located outlets, low fees and high level of customer services had quickly made Unistream popular among migrant workers, sending money back to their families. Unistream has become a separately licensed bank in 2006. Unistream clients are able to make and receive cash transfers at 150 000 service points in 90 countries. Online remittance service has been introduced in 2016. More than 117 000 customers use Unistream debit card for mobile money transfers as well as other payments. 318 banking and retail institutions use Unistream platform to provide remittance services to their clients. In 2018 alone, customers made 5,5 million transactions, with over 227 billion rubles being transferred to Armenia, Uzbekistan, Moldova, Tajikistan, Kyrgyzstan, Philippines and many other countries across the world. In the last three years, over ten million customers used Unistream network to send money back to their families. Unistream is proud to be of service to the migrant communities and is working hard to make money transfers even more affordable, secure and convenient through the constant improvements in our tariffs and services and the smart use of modern technologies.
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