US targets banks using Russian payment system ...News

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US targets banks using Russian payment system
source : Russia Today ( News ) () 29
A number of countries have joined the Mir financial network The US Treasury Department announced on Thursday it is ready to impose sanctions on any institution outside Russia using the country’s payment system. According to its press release, financial institutions that enter into new or expanded agreements with the National Payment Card System (NSPK) “risk supporting Russia’s efforts to evade US sanctions through the expanded use of the MIR National Payment System outside the territory of the Russian Federation.” The Treasury also announced sanctions on the chairman of the management board and CEO of NSPK, Vladim

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