Select language:

American banks block retirement payments to Russian citizens in Israel

 / Главная / Russkiy Mir Foundation / News / American banks block retirement payments to Russian citizens in Israel

American banks block retirement payments to Russian citizens in Israel


28.07.2022

Photo credit: mos.ru (CC BY 4.0)

US banks withhold retirement benefits of Russian citizens in Israel, Ivan Nechaev, deputy spokesman for the Russian Foreign Ministry, said. He noted that representatives of the relevant departments of Russia and Israel are jointly looking for a way out of this situation, TASS reports.

According to the diplomat, the benefits of Russians living in Israel do not reach their recipients due to the actions of American banks. Nechaev called the withholding of funds sent to citizens by the Russian Pension Fund illegal, and said that tens of thousands of Russians suffer from the actions of US financial institutions.

Russia and Israel are working together to resolve the problem, last Wednesday the parties held a video conference, and discussed ways to resolve the situation.

The actions of banks in a number of Western countries prevent recipients from receiving funds from Russia. In July, it became known that some ''war children'' who could not receive funds from Russia suffered from the anti-Russian and Russophobic policies of Spanish banks.

Russkiy Mir

News by subject

Publications

Marco Maggi: ”Russian to the Bone" 20.01.2024
Italian entrepreneur Marco Maggi's book, "Russian to the Bone," is now accessible for purchase in Italy and is scheduled for release in Russia in the upcoming months. In the book, Marco recounts his personal odyssey, narrating each stage of his life as a foreigner in Russia—starting from the initial fascination to the process of cultural assimilation, venturing into business, fostering authentic friendships, and ultimately, reaching a deep sense of identifying as a Russian at his very core.