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

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© 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 Photograph

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

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

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

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