Turkish banks are once again massively refusing transactions to Russians

18.09.2024 09:17

Russian importers are once again experiencing problems with payments through Turkish banks.

Importers face refusal to make payments through Turkish banks.

A large number of Russian business transactions to other countries, including Europe, go through Turkish banks , Vedomosti writes.

However, Türkiye cannot ignore the reality and is starting to massively refuse transactions to Russians, fearing secondary US sanctions.

Pressure on Turkish banks comes from both the US and the EU.

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Photo: Pixabay

Russian companies continue to work with the state bank Emlak Katilim, conducting up to 80 percent of all payments through it.

However, only large companies can work with this bank.

Making Russian payments involves an additional fee that not every business can afford to pay.

At present, the situation with international payments affecting Russian individuals remains tense.

Author: Elena Gutyro Editor of Internet resources