“Kommersant”: National Bank of Tajikistan Introduces National Money Transfer System

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According to Russian experts, this will lead to more expensive transactions for consumers.

National Bank of Tajikistan (NBT) introduces a national money transfer system from September 1. After that, Russian and international systems will be able to make transfers to Tajikistan only within the limits of funds placed in the NBT. This approach is not applied in any of the CIS countries, contradicts Russian law and is not agreed with the Bank of Russia. Meanwhile, a change in rules will affect a market of more than $ 2.5 billion per year. The Central Bank of the Russian Federation and the Ministry of Finance promise to "sort it out", but there is very little time left for this.

We have already requested comments from the National Bank of the Republic of Tajikistan, and we plan to receive them in the near future.

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