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Kyrgyzstan’s commercial banks are massively refusing to deal with the Russian ruble.
In particular, most credit institutions have suspended the acceptance of transfers received through Russian payment systems, Interfax reported.
Therefore, Mbank warns of restrictions on ruble accounts and cards (top-ups, transfers, exchanges). At the same time, customers can withdraw cash from ruble accounts.
Kompanion Bank has warned that it will stop conducting ruble transactions through the Unistream system, citing “technical reasons.” Kyrgyz Commercial Bank is also now not doing business through Unistream; in addition, it is reportedly unable to transfer money through the SWIFT system.
RSK Bank announced the termination of transfers through the Astrasend, Contact, Zolotaya Korona and Sberbank Online systems – “due to technical problems”. Keremet Bank provided a similar explanation for the refusal to work through Zolotaya Korona, Astrasend, Unistream, RIA and Western. Kyrgyz Swiss Bank (KSB) reported that it was impossible to conduct ruble transactions through all remittance systems.
Kyrgyzstan’s InvestCredit Bank (KICB) accepted transfers in rubles but warned that the money would not go to sanctioned banks.
Meanwhile, Capital Bank, Khaliq Bank and Asia Bank said there were no restrictions on ruble transactions within prescribed limits.
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