Visa Lifts Sanctions Against Crimea

darkbeaver

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Jan 26, 2006
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Visa Lifts Sanctions Against Crimea

Translated by Ollie Richardson for Fort Russ
1st February, 2016

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GenBank, the largest financial institution of the Republic of Crimea under the anti-Russian Western sanctions, resumed work with the cards of Visa, the international payment system.


They now accept payment with cards from Russian issuing banks. The operation takes place through a national system of payment cards (NCBI) - all points are connected to the system of GenBank in Crimea and Sevastopol. They are also accepted for Visa services at ATMs. Earlier, the Peninsula started to use the Chinese system UnionPay.


An event all the more curious is that GenBank, the main Bank of the government of Crimea, 50% of its share capital belongs to the Executive a

MTBSWs

The West! Do they have an airfarce?