Russians bypassing banking sanctions by getting cards in Belarus, says President’s Office

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Visa and Mastercard payment cards
Visa and Mastercard payment cards

Russia's war against Ukraine - the main events of May 24

"Russians are bypassing sanctions through Belarus,” Yermak said.

Read also: Zelensky calls for Russian oil embargo, banking and tech sanctions

“Travel to Minsk is getting popular for the so-called ‘banking tourism’ to get Visa and MasterCard cards issued by Belarusian banks. You can pay with those abroad and in international online stores. There is also a demand for opening accounts in banks in Uzbekistan."

Read also: Banks in Uzbekistan issue Visa and Mastercard cards to Russians

The head of the Office of the President noted that Visa and MasterCard cards issued in Russia cannot be used abroad for international online payments. Both payment card network processors have stopped working in the country since March 6 due to the full-scale invasion of Ukraine by Russia.