Antwort Is HSBC supporting Russia? Weitere Antworten – Is HSBC still in Russia

Is HSBC supporting Russia?
HSBC Holdings plc HSBC gets approval from Russia's president Vladimir Putin to sell its Russia unit to Expobank. In July 2022, HSBC agreed to sell a 100% stake in the Russia unit, HSBC Bank (RR) LLC. By June 2021-end, HSBC's Russia business was worth 89.9 billion rubles and employed nearly 250 people."We have therefore reached the decision to restrict commercial payments by our corporate entity customers to or from Russia and Belarus through HSBC," a HSBC spokesperson said.HSBC, Europe's biggest bank, said in September it would halt commercial payments by business customers to and from Russia and Belarus, with sanctions making it "increasingly challenging" to operate there.

Which bank works in Russia : Banks

Reg. No Bank name Status
1481 SBERBANK ROSSII Active
3368 SMP BANK Active
1 UniCredit Bank Active
2299 VEK Active

Can I make a payment to Russia

Money transfers to Russia are available.

Transfers to certain Russian banks are restricted due to international sanctions. To learn more, please, click here.

Which banks in Russia are under sanctions : The European Union, United Kingdom, Canada, and the United States finally agreed to remove seven Russian banks from the SWIFT messaging system:

  • Bank Otkritie.
  • Novikombank.
  • Promsvyazbank.
  • Rossiya Bank.
  • Sovcombank.
  • VEB.
  • VTB.

Serbia, Mexico and Brazil have announced that they would not be participating in any economic sanctions against Russia. Western countries and others began imposing limited sanctions on Russia when it recognised the independence of Donbas.

ATMs in Russia

Check the fees you will be charged by your home bank before you leave. Many ATMs in Russia have relatively low limits on withdrawals, which might mean you have to make several withdrawals at once. If your bank charges per withdrawal this can mount up quickly.

Is it legal to send money to Russia right now

At this time, there is no legal and safe option to send money to Russia. In the past, sending money to Russia from a few European countries and the UK was possible via a handful of money transfer companies. However, that is no longer an option given the regulatory pressure caused by the ongoing conflict.In this post I will explain the different options you have to pay in Russia today, after payment systems such as Visa, MasterCard, JCB, Maestro or American Express have suspended their operations in Russia. Cash, Chinese UnionPay cards or Russian MIR cards are the existing options.Personal sanctions

Representative Name
Russia Mikhail Mishustin
Russia Sergey Lavrov
Russia Sergei Shoigu
Russia Dmitry Medvedev


Serbia, Mexico and Brazil have announced that they would not be participating in any economic sanctions against Russia. Western countries and others began imposing limited sanctions on Russia when it recognised the independence of Donbas.

Which countries support Russia : With countries traditionally considered Western aligned, Russia maintains positive relations with Hungary, Serbia, Azerbaijan, Turkey, Bahrain, Kuwait, Qatar, Egypt, Saudi Arabia, Oman, and the United Arab Emirates.

Can Russians travel to Europe : Though Russians are banned from entering most European countries for tourism purposes, due to the invasion of Ukraine, North Korea has made an exception.

Which cards work in Russia now

MIR is a Russian payment system created in 2015 by the Central Bank of Russia following Western sanctions for the annexation of Crimea. After the suspension of operations by Visa and MasterCard in Russia in 2022 due to the conflict in Ukraine, MIR has become the main card payment system in Russia.

Banks

Reg. No Bank name Status
1481 SBERBANK ROSSII Active
3368 SMP BANK Active
1 UniCredit Bank Active
2299 VEK Active

Yes, you can still send a money transfer if neither you nor your recipient in Russia has a bank account. Look at cash transfer providers such as Remitly where you can pay with cash and your recipient can collect it as cash or as mobile phone reload on the other end.

Can I still send money to family in Russia : Despite the fact that most Russian banks have been banned from the SWIFT system, there are still some Russian banks to which it is possible to make transfers, such as Raiffeisenbank, UniCredit, Citibank, OTP Bank, Renaissance Bank, Asia-Pacific Bank, Credit Europe Bank, BBR Bank or BKS Bank.