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Unistream to Continue Active Participation in GCMT Sponsorship and Organizational Projects


The international money transfers system Unistream would continue its active participation in sponsorship and organizational projects aimed at development and effective work of the international conference GCMT (Global Consumer Money Transfers), the company stated.
Unistream believes that since 2005 when this forum was established, GCMT grew into an effective international institute able to unite the market player’s efforts in further integration, cooperation, standardization and development of strong mechanisms to fight money laundering.
The leadership of Unistream trusts that GCMT has now become an effective institute to jointly resolve mutual problems promote the role the transmittances play socially and further develop the market for the benefit of people.
“The GCMT conference won a great success due to the real demand coming from the market players for development of the civilized and effective global transmittances market”, said chairman of the board of directors at Unistream Bank, Gagik Zakaryan.
“Now when the global market has exceeded a $250 billion level and economies of many countries have become dependant on money transmittances, we take a great social and humanitarian responsibility. This together with intention to go ahead doesn’t leave any chance for fragmentation and separation,” said CEO for Unistream, Souren Hayriyan.
The eminent British public figure and CEO for the International Association of Money Transfer Networks (IAMTN), Lady Olga Maitland believes that within just a couple of years, the forum has proved its vital importance to the business. But even this is not most important. In a couple of years, the results of GCMT’s activity will be greatly appreciated by millions of ordinary people on the planet – by those who, working hard, live in foreign countries, students and others social groups - who are the main clients of the transmittances market. In course of time, its social significance will be growing so will one of the GCMT working for the benefit of people around the globe.
The first GCMT took place in London in 2005. It almost spontaneously laid foundation to a great annual tradition.
In 2006, the forum got together over 70 principal market players as well as financiers and public figures.
Since 2005, Unistream has been a principal sponsor, ideologist and institutor for the forum.
GCMT-2007 will take place in London in October of this year, and more participants are going to join the conference. “We are very proud about ourselves for being a nuclear of the forum and are happy to invite all who feel with the business to cooperate with us.” said Souren Hayriyan.

Background information:
Unistream is an international money transfer network with the nuclear of Unistream Bank based in Moscow. The system was established in 2001.
During the short period of time, the Unistream’s team managed to successfully realize its development program. With 25,000 service points around the world in 85 countries, the system demonstrated a $1.85-billion amount of transaction in 2006. It controls over 25% of money transfers in the CIS.
In 2005, the system came out as an institutor and principal sponsor of the GCMT and IAMTN.


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