Bank of Valletta plc - USD Correspondent Bank

On 6 May 2021, Bank of Valletta plc announced that further to the previous announcement issued on 29 January 2021, whereby the Bank had explained that the USD correspondence relationship with Raiffeisen Bank International was being extended by two months to 31 May 2021, BOV explained that it is already receiving payments through Western Union Business Solutions from two major US dollar clearers. Moreover, the full transition from Raiffeisen Bank International to Western Union Business Solutions is planned for the week starting 10 May 2021.