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Searching for a Formula to Solve the Problem of Money Transfers from Russia

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Searching for a Formula to Solve the Problem of Money Transfers from Russia

Intensive efforts of the parties continue to solve the problem in money transfers of companies from Russia to Turkey since December 22.

A source from the Turkish banking sector told Russian state news agency RIA Novosti. “The establishment of a Russian-Turkish bank in order to solve the problems arising in payment transfers between countries due to sanction pressure is the subject of negotiations between the official authorities of the two countries.”told.

According to the news reported by Türkrus; The option of establishing a Russian-Turkish bank has been discussed before. The agency’s source noted that this is one of the important points on the way to solving the problem, but at the moment there are no details on this issue.

In the news previously reflected in the media, it was stated that the Ministry of Commerce of the Republic of Turkey had prepared a list of companies having problems in money transfers from Russia and that precautions were taken on a sectoral basis in this regard. However, it is stated that the problem continues to a large extent and that inspections continue strictly in ordinary transfers.

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