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August 19
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More and more Russian banks are no longer opening foreign currency accounts, Izvestia writes with reference to the banks' call centers, Oreanda reported.

According to the publication, we are talking about Sovcombank, PSB, Rosbank, Otkritie Bank, and Raiffeisenbank. It is impossible to open both savings and deposit foreign currency accounts at Sovcombank. Making deposits in foreign currency there was suspended back in May.

Otkritie Bank said that foreign currency deposits have not been available for 1.5 months, and it has been impossible to open accounts since June 15. Rosbank added that they could not say anything about the duration of the restrictions.

Earlier, the chairman of the board of Tinkoff Bank, Stanislav Bliznyuk, spoke about the risks of storing savings in foreign currency. The risks of keeping savings in US dollars are related to the fact that Russian banks cannot make dollar payments without using the infrastructure of American banks.

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