Turkish banks began hastily to refuse cooperation with Russian banks against the background of the decree of US President Joe Biden on secondary sanctions.
The USA is driving Russian banks into even more excellent isolation
RosZMI writes about this concerning its insiders on the financial market.
They draw attention to the fact that it is not only the termination of correspondence relations but also the termination of payment processing without the formal closing of contracts.
The Russian Federation banks faced this problem as early as the summer of 2023. Still, the situation worsened sharply after the December 22, 2023, issue of US President Joe Biden's decree on secondary sanctions.
After this, Turkish banks began to refuse to cooperate with Russian banks massively.
In addition, Chinese financial institutions also resort to such actions.
Banks break ties due to pressure from the US. And not only in Turkey, but also, for example, in China.
Russian financial institution chiefs complain en masse about the actions of their Turkish colleagues.
According to Yuliya Shlionska, the head of customs and logistics broker KBT, the situation sharply worsened a month ago.
Banks in Turkey have taken a break and are not making money transfers from Russia to the country. Managers report that now no payment from Russia will be accepted: liras, rubles — it doesn't matter.
One of the representatives of FM Logistic in Russia, Dmytro Sukhoversh, complains that some Turkish banks, when making payments in liras, began to demand more data and documents to confirm the absence of sanctions against all participants in the chain.
Ihor Chernyshov, director of business development of SOTA Logistic, admitted that "not even payment for services goes through."
