WorldPosted at: Sep 9 2024 10:57AM


US increases pressure on Turkey over banking operations with Russia

Ankara, Sep 9 (UNI) Turkish banks are experiencing increased pressure from the United States over operations with Russia, and regularly receive warnings about the need for strict control over the sources of outcoming payments, an informed source in the Turkish financial market told Sputnik.
Russian Ambassador to Ankara Alexey Erkhov previously told Sputnik that problems in mutual settlements between Russia and Turkey persisted, with cases of transfers being blocked and accounts being closed, and cases of "squeesing out" companies involved in the transit of goods to Russia becoming more frequent in Turkish banks.
"Our banks, both state and private, are currently under increased pressure from the United States in light of the recent sanctions package against Russia. All sources of transfers from and to Russia are being checked, and bank accounts [for Russian citizens] are being opened under increased control of head offices," the source said when asked to comment on the Russian diplomat's statement.
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