Lithuanian banks decided to resume accepting money transfers from Russia

Lithuanian investment banks announced that from September 1 they will resume accepting money transfers for transfers from Lithuania to Kaliningrad.

Lithuanian investment banks called on the country’s authorities to declare the import of banking funds related to transfers through the territory of Lithuania to Russian Kaliningrad necessary in the interests of the country in order to avoid sanctions imposed by the European Union on Russia, during which transactions with Russian banks are prohibited.

Lithuanian Minister of Communications and Transport Marius Skudis also said that investment banks will continue to receive wire transfers related to rail transport from Lithuania to Kaliningrad in the Russian Federation.

However, the Lithuanian government refused to accept the decision demanded by the banks, which put the banks and the Ministry of Transport and Transportation in a dilemma from which it is difficult to get out.

Source: TASS

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