Gazprombank will stop transfers in dollars due to the decision of American banks

Gazprombank due to the decision of American banks from January 27 to stop transfers in dollars MOSCOW, January 24 - RIA Novosti. American banks have decided to stop servicing correspondent accounts of Gazprombank in dollars, the bank asks not to make transfers in this currency from January 27, the credit institution said in a statement.

"In connection with the unilateral decisions of American financial institutions, Gazprombank's USD correspondent accounts with JPMorgan Chase Bank and Bank of New York Mellon will be discontinued. In this regard, we ask customers not to use Gazprombank for cross-border transfers in USD starting from January 27 inclusive" , the message saidMOSCOW, January 24 - RIA Novosti. American banks have decided to stop servicing correspondent accounts of Gazprombank in dollars, the bank asks not to make transfers in this currency from January 27, the credit institution said in a statement.

"In connection with the unilateral decisions of American financial institutions, Gazprombank's USD correspondent accounts with JPMorgan Chase Bank and Bank of New York Mellon will be discontinued. In this regard, we ask customers not to use Gazprombank for cross-border transfers in USD starting from January 27 inclusive" , the message says. It is noted that Gazprombank will continue servicing deposits and accounts in dollars, as well as cross-border transfers in other currenciesAll obligations to customers are fulfilled in full in all currencies, individuals and legal entities have continuous access to their funds and services, the bank added.

A source in the bank explained to RIA Novosti that this is a private decision of banks and is not related to sanctions or disconnection from SWIFT. However, due to this decision, the bank is now unable to make transfers in dollars within the country...