British News Agency

Earlier, another source said that after the 19th round of sanctions against Russia, Turkish financial institutions could come under greater scrutiny and pressure from the European Union. According to the source, Ankara is receiving “indirect signals from Brussels about the intention to tighten controls over financial transactions.”

The source stated, “After several Turkish companies were added to sanction lists, banks began tightening internal controls and restricting Russia-related transactions to avoid secondary sanctions. This is creating new obstacles for business, tourism, and private transfers between the countries, which until recently were relatively stable channels of interaction.”

As Western restrictions tighten, Turkish banks are facing difficulties in transferring funds to Russia and opening accounts for Russian citizens. According to financial sector representatives, transactions have effectively been blocked, and there is no timeline for a solution.

An employee at a private bank in Ankara said, “Unfortunately, transfers are not being processed, and we cannot open accounts for Russian citizens. The reason is sanctions.”

He added that the situation has been ongoing for some time and “is creating serious problems for both clients and the bank itself.”