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Sanctions that have been imposed on a number of Russian banks due to the Russian military operation in Ukraine have already led to the fact that customers of Finnish banks in Russia have encountered problems with non-cash payments, Yle reports.
So, in particular, Dina Varlamova, who lives in Finland, found herself in an unpleasant situation during a trip to the Russian Federation. She was unable to use her Nordea and S-Pankki cards while visiting a beauty salon in Petrozavodsk because the terminal simply did not accept payment.
In turn, Elias Kallio also encountered problems when paying with a Finnish card on Russian territory. In a store on the border of the Russian Federation and Finland, he was warned that they did not accept foreign bank cards because of the terminal, which fell under the sanctions of VTB.
And a resident of Lohja, Mika Hietaniemi, who came to rest in St. Petersburg, was unable to pay for the entrance to St. Isaac’s Cathedral with a card.
Recall, on February 24, Russian President Vladimir Putin made an emergency appeal to the Russians and announced a special military operation in the Donbass. In his speech, he stated that “circumstances require decisive action from Russia” and stressed that “Russia will not allow Ukraine to have nuclear weapons.”
In response to Russia’s actions, Western countries (USA, Canada, European Union, Great Britain, Japan) announced new, tougher sanctions against the Russian Federation, including financial and economic ones.
Sanctions, in particular, hit Russian banks, including Sberbank, VTB, Novikombank, FC Otkritie and Sovcombank.
Later, the EU countries and the United States agreed to disconnect Russian banks that fell under sanctions from the international system of interbank transactions and information exchange SWIFT. In addition, it was decided to freeze the assets of the Bank of Russia, which will create difficulties for its use of international reserves. EU countries also pledged to take steps to limit the sale of citizenship — the so-called “golden passports” that allow wealthy Russians connected to the Russian government to become citizens of EU states and gain access to their financial systems.
You can follow the chronicle of events around Ukraine on February 27 here.
Source: Rosbalt
Tristin is an accomplished author and journalist, known for his in-depth and engaging writing on sports. He currently works as a writer at 247 News Agency, where he has established himself as a respected voice in the sports industry.
