Yerevan/Mediamax/. Unistream money transfer system received a single license for realizing transfers in the countries of the European Union.

Chairman of “Unistream” Bank’s Board of Directors Gagik Zakaryan told “Vedomosti” newspaper about this. The license to “Unistream Germany”, affiliated with “Unistream”, was issued by the German financial regulator.

“Receiving the license means that the company will be able to develop business on the territory of Germany, and further on – on the remaining territory of the European Union given permission of the regulators of other countries. It will be easier to get that permission, since, according to EU legislation, the license, received by “Unistream”, is all-European”, Gagik Zakaryan stated.

Unistream already functions in Europe: the company’s sales points are in Great Britain, Cyprus, Greece and Germany.