INSUBCONTINENT EXCLUSIVE:
Major banks in Kyrgyzstan have suspended money transfers to Russia via their mobile apps following U.S
for Russia to maintain economic ties with the West despite sanctions imposed over its full-scale invasion of Ukraine.A survey of 16 banks
(formerly Tinkoff Bank).Three of the banks that suspended transfers said the service was still available through international money
transfer systems like Western Union, Zolotaya Korona and the U.S.-sanctioned Unistream.Only Kompanion Bank, ESB and Ayil Bank told 24.kg
that transfers within their own systems remained possible with Russian bank cards.The suspensions come after the United States in June
introduced new sanctions against Russia over its war in Ukraine, including restrictions on the Moscow Exchange
announced the suspension of U.S
dollar SWIFT transfers for Kyrgyz banks starting next month, prompting many of them to search for alternatives.A Message from The Moscow
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