Sberbank and VTB canceled currency transfers to other Russian banks

Customers started complaining about the new restrictions.

Sberbank and VTB clients cannot transfer currency between Russian banks. The call center explains that the restrictions are related to the “current situation.”

According to RIA Novosti, consultants say that Sberbank cannot “guarantee that a currency transfer to another bank will go through with you.” Call centers advise converting money into rubles, and then transfer it.

Sberbank now only transfers in rubles – no one was able to orientate in terms. As soon as restrictions are eased, banks will resume currency transfers.

VTB has the same situation – currency transfers have been stopped. The call center also failed to give a date by which the option would be restored.

The state bank says they are looking for alternative channels for such transfers.

In the meantime, payments are available to Russians – VTB customers in Belarusian rubles, Kazakh tenge, Armenian drams, Azerbaijani manats.

Legal entities can also transfer in Vietnamese dongs. Under trade agreements, companies can transfer money in Chinese yuan and Indian rupees.

The press service of the Moscow Exchange, which includes the National Settlement Depository, stated that there is no information about restrictions on currency transfers between banks.< /p>

Earlier, the head of the Central Bank, Elvira Nabiullina, said that in the face of sanctions, banks in Russia should limit their foreign exchange position as much as possible. Banks will continue to reduce the volume of foreign exchange transactions, they may not even offer such products to customers.

As Topnews wrote earlier, in the face of sanctions and difficulties with the supply of equipment, mobile operators in Russia began to charge money for issuing SIM cards.



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