Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
Russian Business news 20/Aug/2024: Kyrgyzstan's Keremet Bank announced that suspension of money transfers through mobile applications of Sberbank, MTS Bank, T-Bank as well as any transfer to the Russian National Payment Card System. https://t.co/2Do2uZxkrT
Chinese banks are restricting payments from Russia due to concerns about Western sanctions. This has made it difficult for Russian companies to conduct transactions in Chinese yuan, leading to delays, increased costs, & the need for intermediaries. https://t.co/Wdk3qObcI4… https://t.co/JVF1vmbBZq
👌 One of Kyrgyzstan's largest banks suspends transfers in Russian roubles https://t.co/RHyhwdjQDp
MBank, one of the largest banks in Kyrgyzstan, has announced the suspension of money transfers through Russian banks, including Sberbank, Tinkoff, and MTS, due to sanctions. This suspension affects transfers in both directions and is indefinite. Additionally, Keremet Bank in Kyrgyzstan has also suspended money transfers through mobile applications of Sberbank, MTS Bank, T-Bank, and to the Russian National Payment Card System. These actions are part of a broader trend where financial institutions are restricting transactions involving Russian entities due to Western sanctions. The suspension also includes transfers in Russian roubles.
