Chinese banks block payments made by Russian companies through India, the UAE and Hong Kong
news.online.ua
Thu, 21 Nov 2024 19:11:05 +0200
What is known about Chinese banks blocking payments of Russian companiesAs noted by the Russian mass media, it is becoming more and more difficult to make a payment.
Credit bureaus analyze shipping documents, the direction of delivery of goods.According to Oleksiy Razumovskyi, the commercial director of Impayu Rus, previously similar enhanced checks were introduced for transfers through Turkey and the CIS countries, but they have now been extended to other countries as well.Ilona GorshenevaDolunts, the representative of Opora Russia in China, confirmed this.
According to her, banks demand that the goods be shipped to the country where the money came from.
With the help of strengthening control, organizations try to avoid secondary sanctions, explained the general director of the company Atvira, an expert practitioner of the EZ, Kateryna Kizevych.Chinese banks are tightening the nuts before Donald Trump comes to power, so the situation will not improve in 2025, warned Oleksiy Poroshyn, CEO of Persha Grupa JSC.He reminded that Trump declared a trade war with China a long time ago and local banks will not take any risks in order not to give the new American administration a reason for sanctions.Russian companies have faced the blocking of accounts in major Chinese banks because their legal addresses coincide with those of organizations under sanctions.What is known about restrictions on money transfers by Chinese banksFirst of all, we are talking about the decisions of large Chinese banks Bank of China and Chouzhou Commercial.It is important to understand that the decision of the Chinese banks is the result of pressure from the US and other allies of Ukraine.
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