Sberbank will refund customers the cost of commission for cash withdrawals abroad

Sberbank will return to customers the commission spent on cash withdrawals outside of Russia from March 6 to March 10, the press service of the credit institution reported.

According to the data on the Sberbank website, the commission for cash withdrawals at other banks can be 0.75-1%, but not less than 100-150 rubles. The press service clarified that such expenses will be returned to customer accounts by March 18 inclusive.

Earlier, Visa and Mastercard payment systems announced the suspension of work in Russia. This means that the cards of Russian banks will not work on these systems abroad. At the same time, they will continue to function within the country. This is due to the fact that all payments in the country go through the domestic National Payment Card System (NSPK) and are independent of foreign payment solutions.

At the same time, cards on the Russian payment system “Mir” work in a number of countries. Now 10 states are connected to it: Turkey, Vietnam, Armenia, Uzbekistan, Belarus, Kazakhstan, Kyrgyzstan, Tajikistan, South Ossetia and Abkhazia.

Visa and Mastercard announced the termination of work in Russia against the backdrop of a special operation that the country launched in Ukraine on February 24. According to President Vladimir Putin, the operation is aimed at protecting the inhabitants of Donbass, who are “subjected to bullying, genocide by the Kiev regime.” In addition, Moscow intends to carry out the demilitarization and denazification of Ukraine.

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