Correspondents of “Chronicles of Turkmenistan” report that since 16 December, 2020 “Turkmenbashi” bank, “Senegat” bank followed by other banks of the city of Dashoguz have not been providing any money transfer services overseas via Western Union.
Parents of study-abroad students who wish to make transfers to their children are informed by WU staff that limits for overseas transfers have been used.Bank staff are currently putting together lists of those who wish to make transfers.
They have promised to call at the indicated number as soon as the money transfer service is resumed tentatively, in late January.
At the same time, the head of the Dashoguz office of Turkmenistan’s Central Bank told outraged residents that there was no limit of money transfers and that instruction on ceasing money transfer operations had been issued in Ashgabat.
The CEO of the local office of “Turkmenbashi” bank refused to meet with people.
Let us recall that only parents of study-abroad students enrolled in higher educational establishments included in the list of universities whose diplomas are acknowledged by Turkmenistan’s Education Ministry had been previously allowed to transfer a certain amount of money from Turkmenistan via Western Union.
To be able to make a money transfer patents had to present a document proving kinship (a birth certificate), an income statement, a certificate of employment and a certificate of enrolment issued by a university.
Until December residents of Turkmen provinces were allowed to make one transfer of $200 every two months. Starting from 1 December, 2020, however, according to correspondents of “Chronicles of Turkmenistan”, this amount has been reduced to $50.
As was reported in September, banks in Turkmenistan’s provinces often experience a shortage of foreign currency.
The incoming currency is primarily used for the needs of Ashgabat banks whereas regional offices have to use the remainder.This results in delays with overseas money transfers in regional banks.The post Dashoguz banks temporarily cease overseas money transfer services via Western Union first appeared on Chronicles of Turkmenistan.