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    Default Russia bans money transfers to Ukraine via foreign payments systems

    Russia bans money transfers to Ukraine via foreign payments systems

    Business & Economy
    April 04, 11:57 UTC+3 MOSCOW
    Earlier Kiev banned money transfers to Russia that are conducted by Russian payment systems




    © Artyom Geodakyan/TASS

    MOSCOW, April 4. /TASS/. Russia’s President Vladimir Putin has signed a law which bans money transfers to Ukraine via foreign payment systems. The document has been published on the official Internet portal of legal information of the Russian government.
    Earlier Kiev banned money transfers to Russia that are conducted by Russian payment systems.
    Read also


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    The amendments to the Law on the National Payment System stipulate that if a foreign state introduces a ban regarding payment systems, the operators of which are registered with the Central Bank of the Russian Federation, in this case cross-border transfers can only be made through an operator controlled by a Russian legal entity.
    When the Federation Council (upper chamber of the Russian parliament) considered this document the senators stressed that these norms are a response to the actions of the Ukrainian authorities, which actually banned the operation of Russian payment systems on their territory.
    According to the documents attached to the law, the restrictions concern only to transfers, which are conducted without opening a bank account.
    The law will come into effect 30 days after the official publication.
    In October 2016, the Ukrainian authorities imposed sanctions on Russian payment systems Golden Crown, Kolibri (Sberbank), Leader, Unistream, Anelik and Blizko.
    The National Bank of Ukraine (NBU) sent out telegrams to participants of Russian payment systems regarding the termination of operations with these systems, and also obliged banks to return their certificates on registration in Russian payment systems to the regulator.

    More:
    http://tass.com/economy/939213

    Please, be kindly informed - After the State coup in Ukraine there are more than 4 million only labor migrants from Ukraine (about 40% of the total amount of Ukrainian labor migrants to all countries) keep on earning money in Russia providing their families and relatives to survive in prosperous democratic Ukraine.
    I can hardly imaging that such a number of labor migrants could voluntary went to Nazi Germany from the USSR in 1941-1945 we were in war against. And can you?
    P.S.
    Total population of Ukraine (including babies and olders) amounts about 42 million people.
    Last edited by Balu; 04-05-2017 at 02:41 AM.
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