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Disconnection of banks from SWIFT: what threat does it pose to Russia?

... will try to keep those Russian structures that supply energy resources to the world market in the SWIFT system. In all other cases, foreign exchange transactions may be somewhat difficult, but are unlikely to cause any catastrophic consequences. SWIFT, banks, sanctions, USA, EU, Central Bank

Modified: 02.28.2022
SWIFT , banks , sanctions , USA , EU , Central Bank
Path: РусБанкрот - СМИ

Cards of sanctioned banks will no longer be supported by Apple Pay and Google Pay

... Novikombank. It will no longer be possible to pay with cards of these banks from smartphones, the Central Bank said in its statement. However, the plastic cards will continue to work as usual. The funds on the cards are available and beyond danger, the Central Bank recalled. But there is a caveat - customers of banks that have fallen under sanctions (VTB, Otkritie, Sovcombank, PSB, Novikombank) will not be able to pay with these cards abroad. It will not be possible to make transactions with online purchases if the stores / services are registered in states that support the sanctions package....

Modified: 02.25.2022
banks , Central Bank , Apple Pay , Google Pay , sanctions
Path: РусБанкрот - СМИ
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