Tinkoff reportedwhich from today suspends outgoing SWIFT transfers until October 1.
This applies to transfers in all currencies, including the dollar and the euro. At the same time, the bank promised to execute the already sent transfers. Incoming SWIFT transfers work as usual.
Tinkoff has been fighting for a long time to ensure that SWIFT transfers, which are 95% dependent on Western payment infrastructure, remain a comfortable way to transfer money. We are forced to admit that our efforts were not enough to ensure that Western partners fulfill their part of the agreements within a reasonable and comfortable time frame for our clients.
Restrictions on currency transactions are not a way to earn money, but a call from the bank to change the structure of currency preferences, taking into account geopolitical realities. All the funds that we received from fees and commissions on foreign currency accounts and transfers will be directed to charitable purposes, which we will discuss in detail in the fall.
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