• Ideas
  • Cutting all ties with Russian banks

I’m wary of using the bunq services lately due to its ongoing work with certain Russian banks.

I’m concerned the checks for payment senders’/recipients’ names on the ever growing lists of sanctioned Russian individuals, their family members, and corporate entities might not be carried out thoroughly which could lead to a loss of the business license by bunq and a subsequent freezing of all client funds - especially, after a financial transaction with a sanctioned person has already taken place.

I therefore suggest bunq stops transacting with all Russian banks immediately to ensure the safety of its remaining client funds.

    @Bastiaan#238278 Can one still do foreign currency (USD or EUR) transfers to/from certain Russian banks via bunq?

      Write a Reply...