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HomeForexRussian cenbank says consumer funds in sanctioned banks are safe By Reuters

Russian cenbank says consumer funds in sanctioned banks are safe By Reuters

© Reuters. FILE PHOTO: A Russian state flag flies over the Central Financial institution headquarters in Moscow, Russia March 29, 2021. An indication reads: “Financial institution of Russia”. REUTERS/Maxim Shemetov/File Picture

MOSCOW (Reuters) – Purchasers’ funds held by Russian banks that have been hit with new Western sanctions are safe and aren’t affected by the sanctions, Deputy Central Financial institution Governor Vladimir Chistyukhin stated on Friday.

Chistyukhin stated the central financial institution was in touch with the banks affected by sanctions.

Purchasers of some Russian banks topic to Western sanctions will now not be capable to use their playing cards overseas or with cellular cost techniques from Apple (NASDAQ:) and Google (NASDAQ:), the central financial institution has stated.

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