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Bowing To US Pressure, Turkey's Banks Abandon Russia'a MIR Payment System

EPA/ANATOLY MALTSEV / EPA / TASS  

Moscow Times: All Turkish Banks Halt Russia’s Mir Payment System – Reports 

Three Turkish state banks plan to exit Russia’s Mir payments system over U.S. warnings of sanctions, Bloomberg reported Tuesday, citing an unnamed senior Turkish official. 

On Wednesday, Turkish broadcaster NTV reported there were no banks left in Turkey that accept Mir, which translates as "World" from Russian. Turkiye Halk Bankası, TC Ziraat Bankası and Turkiye Vakıflar Bankasi, Bloomberg reports, plan to stop processing payments using Mir following similar decisions by two of Turkey’s major private banks last week.  

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WNU Editor: Turkish banks were given the warning that if they continue to do business with Russia, they would be cut-off from the US financial system. 

Bowing To US Pressure, Turkey's Banks Abandon Russia'a MIR Payment System  

Turkiye banks abandon Russian MIR payment system, bowing to US pressure -- Middle East Monitor  

Turkish state banks halt use of Russian payment system -- Financial Times  

Turkish Banks Cut Russia Banking Ties Under US Pressure -- VOA



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