NBU calls on international partners not to service Russia’s MIR payment cards

The National Bank of Ukraine (NBU) has called on international partners not to service Russia’s MIR payment cards.

The relevant statement was made by NBU’s press service, an Ukrinform correspondent reports.

“The NBU has appealed to the leadership of the central banks of Armenia, Kazakhstan, Tajikistan, Vietnam, Turkey and the Kyrgyz Republic to suspend any transactions with payment cards of the MIR payment system within these countries,” the report states.

In particular, the NBU urged the central banks of the aforementioned countries to not service MIR payment cards in ATMs and POS terminals, as well as make it impossible to use such cards in e-commerce and P2P transfers.

According to the NBU, this request resulted from the need to scale up the global pressure on the aggressor state in the financial sector.

“The NBU is seeking to mobilize all possible sanctions against Russia’s financial sector. The financing of armed aggression against Ukraine must cease. This is precisely why we strongly rely on our international partners to support our initiatives in this regard,” NBU Governor Kyrylo Shevchenko noted.

A reminder that the National Bank of Ukraine (NBU) bought out UAH 20 billion worth of war bonds on March 8, 2022 and will continue financing critical expenditures under martial law if necessary.

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