Where they don’t accept Mir cards abroad

Published by
Peter Kavinsky

Following the lead of the Turks, the Vietnamese bank BIDV and Halyk from Kazakhstan stopped. Our cards are not served there, nor in payment terminals or ATMs

A picture: GLOBAL LOOK PERSON

It all started with Turkey. At the beginning of the week, two local banks announced DenizBank and Is Bankasi upon termination cooperation with “Mir” cards. The reason for this is the statements by the US Treasury Department to foreign financial institutions about secondary sanctions in the event of cooperation with the Russian payment system. It is clear that both banks have something to lose. As a financial analyst to KP.RU . told Mikhail Belyaev, those financial institutions through which large dollar flows can fall under the threat of sanctions. And if these flows stop, the banks will remain bankrupt. For those not dependent on the US monetary system, the threats are not dire.

However, the chain reaction was not long in coming. Follow the Turks who have erected Vietnamese bank BIDV and Kazakh “Halyk” Our cards are not served there in payment terminals or ATMs. As for VISA, Mastercard, Western Union, JCB, UnionPay systems, there are no problems with it.

There was information about Armenia. The local Central Bank announced the end of operating cards from the Russian payment system Mir, stressing that commercial banks would make their own decisions about working with Russian cards.

BEE National payment card system (NSPC) silence. There was no response to KP.RU’s request to confirm the information. Most notably, however, the Mir system’s website has removed information about the countries where the Mir card is accepted. Although there was a whole list last week, including Vietnam and Kazakhstan. However, it is too early to sound the alarm. There are options. In the same Turkey, some banks (notably Ziraat Bankasi and VakifBank) continue to work with Mir cards and there have been no announcements about the termination of cooperation from them. The Vietnamese VRB (50% of the shares is held by the Russian VTB) will also remain in service. In Kazakhstan, you can withdraw money from the Mir card at VTB, Sberbank, CenterCredit ATMs.

But the most reliable way to not run out of money abroad is to read cash. So recommends the Association of Tour Operators of Russia. Dollars, euros, Turkish lira, rubles. The latter can be exchanged in shops, hotels, restaurants, etc. It is important to remember: it is allowed to export from Russia up to 10 thousand dollars per person or its equivalent in another currency.

Peter Kavinsky

Peter Kavinsky is the Executive Editor at cablefreetv.org

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