Uzbekistan's leading payment services Oson and Pay Way said they have suspended foreign money transfers as of September 5 amid warnings from the central bank over avoiding the violation of Western sanctions imposed against Russia for its full-scale invasion of Ukraine. The companies handle a large amount of remittances from Uzbeks living abroad, many in Russia. On August 31, the central bank fined Brio Group (Oson brand) for violating anti-money laundering and antiterrorist financing legislation. To read the original story by RFE/RL's Uzbek Service, click here.
Uzbek Payment Services Oson, Pay Way Suspend Transfers On Sanctions Risk
Uzbek migrant workers wait to check in for a flight to Tashkent at Tolmachevo Airport near Novosibirsk in 2020. Oson and Pay Way handle a large amount of remittances from Uzbeks living in Russia.