September 20, 2024
In Turkey, banks began massively blocking payments from the Russian Federation to Europe thumbnail
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In Turkey, banks began massively blocking payments from the Russian Federation to Europe

It is noted that this is not the first time that Turkish banks refuse to work with Russia.”, — write: www.unian.ua

It is noted that this is not the first time that Turkish banks refuse to work with Russia.

Turkish banks turned away from Russia / photo ua.depositphotos.comTurkish banks turned away from Russia / photo ua.depositphotos.comTurkish banks in Turkey began to massively refuse Russian companies to make payments to the EU and other countries. Even providing all the necessary documents does not solve the problem.

The Russian publication “Vedomosti” writes that European banks from time to time began to refuse to accept payment for goods for Russian businesses through Turkish banks.

At the same time, one of the sources said that during an attempt to pay for the goods through Turkey, the supplier from Bulgaria asked to transfer the money through a “normal” country.

It is noted that due to the strengthening of work rules by European banks, financial institutions in Turkey began to refuse transit payments in early September. Even providing the bank with additional documents regarding the supply does not solve the problem.

Igor Koval, a partner of the FTL Advisers law firm, said that there were always 2-3 banks in Turkey that dealt with Russian transfers to other countries, but now there were problems even with them when paying in dollars, euros and yuan.

It is worth noting that this is not the first time that Turkish banks stop working with Russia. This was the situation at the beginning of the year, when banks of a number of “friendly” countries, in particular Turkey, fearing secondary US sanctions, limited their work with Russian companies.

Soon, transactions gradually resumed. In the summer, problems with payments through Turkey returned.

Foreign banks do not want to work with the Russian Federation – what is knownIt is becoming more and more difficult for Russians to trade with China. Trade with the Asian country has effectively turned into a gamble for Russian exporters due to the freezing or delay of direct payments in yuan.

Later it became known that MBank, which is one of the largest in Kyrgyzstan, suspended Russian money transfers.

Later, UAE banks unexpectedly blocked the flow of payments from Russia for goods from China.

On August 20, it became known that Freedom Bank suspended Russian payments. The financial institution of Kazakhstan has stopped work with the Golden Crown payment system.

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