The amount of WU money transfer made at a time reduced from $200 to $50

Correspondents of Chronicles of Turkmenistan reported on 23 February that the amount of cash which can be transferred via Western Union at a time has been reduced from $200 to $50.

For example, only four bank offices in Dashoguz use this system to transfer money. In one bank office residents are allowed to make a money transfer not exceeding $50 only once a month.

In order to secure a place in the waiting list, customers need to get a customer identification number. Due to a large number of those wishing to make a transfer, it has become really challenging to obtain a customer identification number and occasionally people in queues get into fights. Owing to a big demand, entrepreneurs who stand in line and then sell customer identification number at 50-100 manats ($4,2-$8,3 at the black market list) are now offering their services.

If a Dashoguz resident manages to get a customer identification number and stand in line, he can transfer no more than $200 a month from four bank offices which transfer money via WU.

Source: Chronicles of Turkmenistan