USA imposes sanctions on Russia's National Payment Card System, several banks

20:59, 23.02.2024 1 min read

The United States has imposed blocking sanctions on the National Payment Card System (NPCS), the operator of the Mir cards, the Office of Foreign Assets Control (OFAC), a division of the United States Department of the Treasury responsible for sanctions enforcement, said in a statement.

Nine Russian banks were also sanctioned: Avangard, International Financial Club (IFC), RostFinance, Chelindbank, Modulbank, Databank, Maritime Bank, Bystrobank, and SPB Bank (which is the settlement depository of the SPB Exchange).