Unibank announces correspondent relations with Bank of New York Mellon

Unibank announces correspondent relations with the Bank of New York Mellon, which will serve to expand the Unibank business in international settlements, as well as promoting international money transfers.

Fagi Huseynov, the chairman of the Unibank board, praised this agreement: “This cooperation is one of the next successful steps taken by Unibank towards expanding its relations with foreign financial institutions. Our bank has successfully introduced all international procedures, achieved important for our customers Cooperation. This contract is also an indicator of high confidence in the bank. Expanding services in the international arena will even facilitate our customers to make transfers and payments abroad, including those who represent small and medium -sized enterprises, as well as microbusiness. “

It should be noted that a direct correspondent account in an American bank will allow UNIBANK customers to quickly and quickly make settlements in US dollars on international payments and reduce commission expenses.

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