The Deputy from “United Russia” Vladislav Reznik introduced to the Duma a bill that allows you to ban money transfers from Russia to Ukraine carried out through foreign payment systems, it follows from the database of the lower house of Parliament.
The document establishes a ban on cross-border transfers without opening Bank accounts outside the payment systems, with the aim of ensuring rights and legitimate interests of participants of these relations on the territory of the Russian Federation.
In the event of the imposition of foreign government restrictions on the use of on site payment of services rendered to Russian operators, the bill prohibits money transfers, including electronic, from Russia to such a state using foreign payment systems. In case of violation of this restriction, the Bank of Russia will be able to impose a penalty carries out a translation of the individual in the amount of payment made.
“The bill is aimed at addressing the negative effects of the ban on the activities of the Russian payment systems in Ukraine, introduced on 17 October 2016,” explains Resnick. He notes that the establishment of this prohibition has led to restriction of competition on the Russian market of payment services carried out in the form of cross-border transfers of funds without opening accounts in favor of foreign payment systems.
In October Ukraine expanded sanctions against Russia, banning the activity on its territory a number of Russian payment systems. Under the sanctions were the payment system “Hummingbird”, which controls Sberbank, “a Golden crown” (rnko “Payment center”), “Unistream” (the Bank “Unistream”), “International money transfers Leader” (NCO JSC “Leader”), Anelik (Bank “Anelik RU”), Blizko (“Svyaz-Bank”).
