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Russia hides the details, but says mir bank cards resident work in Turkey

by John Pierce
July 3, 2023
in Business
2 min read
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The head of The National Card Payment System of Russia (NSPK) said on Thursday it no longer discloses any countries accept her mir bank cardsbut they are still working in Turkey, despite the suspension of some Turkish banks use.

Central Russia bank vow last A week to expand the number of countries that accept mir cardsdespite of new Targeting US sanctions people The accused entities of Moscow skirt help financial Penalties.

Denizbank and İşbank, two private Lenders in Turkey leading Destination for Russian travelers commented use of Included Mir after Washington NSPK head Vladimir Komlev in its penalties programimposed in Russia’s response military campaign in Ukraine.

But Komlev said in a banking forum in Kazan: “We do not think about option of Completely give up use of mir cards Abroad… level of worry and noise … calm over the above.”

However, he said that the NSPK decided to remove information On what countries The card Works in Of which website.

Andrei Kostin, CEO of The situation in Russia said the lender No. 2 VTB with mir cards I was “complete mayhemAnd he acknowledged that American pressures affect banks in countries that did not impose penalties on Moscow.

“The Americans always say that sanctions apply to those areas,” he said of financial activity where dollar involved. mir card no use The dollar It is not subject to US sanctions policy by any standard.

“The United States has not even imposed sanctions on mir cards … but we see it countries friendly to us abandons this tool that we were planning to develop,” he said, referring to Turkey, Vietnam and Kazakhstan.

Beyond Turkey, the cards be currently only acceptable in few countries Such as Cuba, South Korea, Vietnam and a handful of former Soviet republics.

Turkish President Recep Tayyip Erdogan will hold a high-level meeting economyFocus meeting on Friday in which Mer and possible Two sources will discuss Western sanctions with information on He told Reuters.

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