Most Azerbaijani banks have stopped sending money from Russia

Most banks operating in Azerbaijan are owned by Russian-owned Contact. and Operations on Zolotaya Korona money transfer systems have been suspended. At present, banks cash in rubles and does not carry out non-cash transactions. In the end, from Russia to Azerbaijan and Money transfers in the opposite direction are made in other foreign currencies. In addition, income in accounts in banks in rubles and Restrictions were also imposed on the expenditure of rubles. The maximum limit is applied to transfers from one account in rubles to another.

Recall that, Russia–Ukraine A number of Western countries in connection with the war to Russia snowimposed sanctions. In response Russia Presidents Vladimir Putin “USA and “On the application of special economic measures in connection with the unfriendly actions of the countries that joined them.” According to the decree, from today Russia Residents are not allowed to transfer money to foreign bank accounts.

However, the director of the money transfer service “Zolotaya Korona” Ivan Sitnov said in a statement that, There are no changes in transfers: Zolotaya Korona works in Azerbaijan as usual, we are in constant dialogue with our partners there. All payments are made regularly in any currency. (Report)