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With the ongoing Russian invasion of Ukraine and the financial sanctions imposed on Russia by various national governments and regulatory authorities, Card Schemes have implemented a number of changes, detailed below.
• All transactions initiated with Visa cards issued in Russia will no longer work outside the country
• Visa cards issued by financial institutions outside Russia will no longer work within the Russian Federation
Read the full statement of Visa suspending all Russian operations
• Cards issued by Russian banks will no longer be supported by the Mastercard network, whether they are used inside or outside of Russia.
• Any Mastercard issued outside of the country will not work at Russian merchants or ATMs.
Read the full Mastercard statement on suspension of Russian operations
• Cards will no longer work at merchants or ATMs in Russia
• Cards issued locally in Russia by Russian banks will no longer work outside of the country on the American Express global network
• All business operations in Belarus have been suspended
• JCB cards issued in Russia will no longer be supported outside the country
• JCB cards issued outside of Russia will no longer be supported within the Russian Federation.
Read the full JCB statement on suspension of Russian operations
These changes will be implemented by the Card Schemes and you won’t need to do anything.
We will endeavour to keep you informed on any other changes implemented by these and other Card Schemes. However, if you have any further queries, please contact the Cardnet Helpdesk on 01268 567 100, online or speak to your Relationship Manager.
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