JP Morgan will make the payment of the Russian Embassy after the warning of the Foreign Ministry

The largest American bank JP Morgan will make a payment of the Russian Embassy in Astana of the SOGAZ insurance company. It is reported by Reuters . The bank has already begun the payment processing procedure.

“After consulting with regulators, we decided to process this deal,” the bank said.

Earlier, the Russian Foreign Ministry accused JPMorgan of illegally blocking payment from one of his embassies to the deposit insurance agency, which occurred "under the pretext of anti -Russian sanctions." The bank’s actions were called "unacceptable, illegal and absurd." The Ministry of Foreign Affairs stated that they will have consequences for American embassies and consulates in Russia.