A number of large Russian banks began to refuse to open savings accounts and deposits. This is reported by Izvestia.
According to the source, we are talking about a situation where a new or existing client applies to a bank and asks to open a savings account or deposit for him in USD or EUR (US dollars or euros). A Vedomosti journalist called a number of large banks with a relevant question and was refused permission to open such products.
Among those who refused to open foreign currency accounts and deposits were Raiffeisenbank, Promsvyazbank, Rosbank, Otkritie and Tinkoff. Most of these banks have not openly announced anywhere that they are suspending the provision of the mentioned services, they simply refuse people in private. At the same time, the support services of most organizations reported that they temporarily do not even open ordinary deposit accounts in dollars and euros.
UPDATED: Sovcombank wrote that it opens current accounts in dollars and euros without changes, the opening of foreign currency deposits has been temporarily suspended since March, and there were no savings accounts in the bank’s assortment initially.
At the same time, it should be noted that no one closes already opened accounts and deposits forcibly. However, banks in every possible way limit the owners of such accounts by introducing new commissions and limits. For example, in early June, Tinkoff introduced a commission of 12% per annum for storage of more than 10 thousand USD. in USD, EUR, GBP and CHF currencies. And after that, he introduced a significant commission even for incoming SWIFT transfers.
However, there are also those banks that do not limit their customers in any way. For example, in VTB, Ak-Bars, MCB and UBRD, in response to a source’s request, they replied that they had no restrictions on opening deposit and savings accounts in foreign currency.
Experts attribute such a sharp tightening of conditions for foreign exchange products to the fact that under the current conditions, banks simply cannot invest their clients’ currency anywhere, and they also fear that Western financial institutions will freeze their accounts.
Source: iGuides.ru by www.iguides.ru.
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