Turkish banks stopped cooperation with the Russian business world

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Turkish banks began to close the accounts of Russian legal entities and increased the requirements for individuals who want to receive cards from Russia. The newspaper describes it as follows:vedomosti”

“Currently, settlements are still frozen,” representatives of financial unions said.

According to the publication, the policy of Turkish banks began to tighten after US President Joe Biden on December 22, 2023 imposed restrictions on international financial institutions that, according to Washington, cooperate with the Russian military-industrial complex.

Previously Chinese banks started Intensively control payments from the Russian Federation. It was noted that the increased checks do not affect cross-border payments and do not interfere with the receipt of funds from counterparties.

Before reportedThe private sector in Turkey is subject to unprecedented pressure from the West due to anti-Russian sanctions. Among other things, there are clear threats regarding transactions made via SWIFT.

Previously, Türkiye and the Russian Federation work To solve the remittance problem.

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