Revolut banned money transfers to Russia and Belarus

(ORDO NEWS) — Fin-tech startup with Ukrainian roots Revolut announced the termination of financial transactions to Belarus and Russia and vice versa.

Ukrayinska Pravda also reported this by posting a letter from Revolut, which talks about changes in bank transfers.

We are closely monitoring the situation in Russia and Belarus. Against the backdrop of recent events, it was decided to stop bank transfers to/from Russia and Belarus from noon on March 4
.

Recall that dozens of companies around the world are now refusing to cooperate with Russia, which has re-invaded Ukraine. Previously , a number of VPN services have joined their list .

At the same time, Fitch downgraded the ratings of dozens of Russian companies, including Avtodor, Russian Post, Rosnano, Russian Railways and FPC, Inter RAO, RusHydro, and Rossets.

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