Second blow to Kaliningrad transit: Lithuanian bank will stop operations with Russia

The Lithuanian Siauliai Bank, which serves the entire Kaliningrad transit, will stop conducting operations with Russia from September 1. Information published on site financial organization.

“From September 1 this year, we will no longer make payments to or from the Russian Federation and the Republic of Belarus in any currency. Exceptions may, by prior agreement, apply to cases where payments are made for humanitarian purposes or to ensure the performance of government functions.

• The bank added that from August 15 they will also not conduct payment transactions in rubles, regardless of the country of the recipient.