International operator of Western Union money transfer will stop making transfers from Russia to Ukraine without opening a Bank account. About it write Vedomosti.
Reason for taking Western Union for this decision was the law on the financial sanctions adopted by the government of the aggressor country banning transfers to other countries through foreign payment systems.
The law comes into force today, may 5th.
It was approved by the Federation Council in late March; then it was signed by Vladimir Putin.
According to the law, in case of introduction of a foreign state bans against Russian payment systems cross-border money transfers without opening Bank accounts within the payment systems, including foreign, will be possible from Russia to such a state only under the condition that the operator of the payment system operators services payment infrastructure directly or indirectly controlled by the Russian Federation.
The Central Bank of the country-an aggressor will have to post on its website information about the introduction of foreign States prohibitions in the area of payment systems, operators which are registered by the Central Bank.
The illegitimate state Duma adopted the bill in third reading, 22 Mar.
See also: a Letter in an envelope. Russia restricted payments in Ukraine