Citizens of “unfriendly” countries began to have their bank deposits blocked. Foreigners who moved to the Russian Federation because of “traditional values” were also subject to restrictions.

Foreigners who moved to the Russian Federation because of “traditional values” were also subject to restrictions.

Some foreigners from “unfriendly” countries faced the freezing of accounts and deposits in Russian banks after June amendments to Putin’s decree. RBC writes about this with reference to clients of T-Bank, Sberbank and VTB.

According to the publication, the restrictions affected non-resident foreigners from France, Norway and other “unfriendly” countries. T-Bank messages to clients said the accounts were blocked "as part of setting up processes" to implement Putin's decree.

The problem was also faced by foreigners who came to Russia as highly qualified specialists on a “talent visa”, as well as people who “share traditional Russian values.” In addition, the restrictions affected ethnic Russians preparing documents to move from “unfriendly” countries. Even a valid residence permit in Russia does not always guarantee protection from blocking.

The reason was the amendments signed by Putin on June 1. They extended the decree on the “temporary procedure for the fulfillment of obligations” to creditors from “unfriendly” countries to bank deposits and deposits. Previously, it affected only payments on loans, borrowings and securities.