In the first quarter of 2022, money transfers worth over 1.36 billion U.S. dollars were sent from Russia via payment systems like Contact, Western Union, Zolotaya Korona, Unistream, and Russian Post. The figure saw a decrease by nearly 17 percent from the corresponding period of the previous year. Due to the Russian invasion of Ukraine that began in February 2022, Western Union stopped operating in Russia.
Value of cross-border money transfers via payment systems from and to Russia from 1st quarter 2021 to 1st quarter 2022
(in million U.S. dollars)
Characteristic
From Russia
To Russia
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The following payment systems are included: Contact, Western Union, Zolotaya Korona, Unistream, and Russian Post.
The figures refer to transfers by individuals from Russia and to individuals in Russia.
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Central Bank of the Russian Federation. (May 16, 2022). Value of cross-border money transfers via payment systems from and to Russia from 1st quarter 2021 to 1st quarter 2022 (in million U.S. dollars) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1308763/cross-border-transfers-via-payment-systems-russia/
Central Bank of the Russian Federation. "Value of cross-border money transfers via payment systems from and to Russia from 1st quarter 2021 to 1st quarter 2022 (in million U.S. dollars)." Chart. May 16, 2022. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1308763/cross-border-transfers-via-payment-systems-russia/
Central Bank of the Russian Federation. (2022). Value of cross-border money transfers via payment systems from and to Russia from 1st quarter 2021 to 1st quarter 2022 (in million U.S. dollars). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1308763/cross-border-transfers-via-payment-systems-russia/
Central Bank of the Russian Federation. "Value of Cross-border Money Transfers via Payment Systems from and to Russia from 1st Quarter 2021 to 1st Quarter 2022 (in Million U.S. Dollars)." Statista, Statista Inc., 16 May 2022, https://www.statista.com/statistics/1308763/cross-border-transfers-via-payment-systems-russia/
Central Bank of the Russian Federation, Value of cross-border money transfers via payment systems from and to Russia from 1st quarter 2021 to 1st quarter 2022 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1308763/cross-border-transfers-via-payment-systems-russia/ (last visited July 22, 2024)
Value of cross-border money transfers via payment systems from and to Russia from 1st quarter 2021 to 1st quarter 2022 (in million U.S. dollars) [Graph], Central Bank of the Russian Federation, May 16, 2022. [Online]. Available: https://www.statista.com/statistics/1308763/cross-border-transfers-via-payment-systems-russia/
