Reuters learned about the fear of British banks to limit the deposits of Russians

Reuters learned about the fear of British banks to limit the deposits of Russians
Photo is illustrative in nature. From open sources.
According to the agency, the government intends to introduce a limit of £50,000.on the deposits of Russians is illegal and speaks of discrimination based on nationality

The UK will not be able to limit the amount of cash to £50,000 ($66,800) that Russians can keep in bank accounts in the country. This is reported by REUTERS, citing five sources in the industry.

According to the agency, banks fear that the government's proposed measures could violate equality laws that prohibit discrimination based on nationality.

“What they are offering is illegal, there is no doubt about that. This is more like a hasty decision, the consequences of which were not thought out, ”said one of the bank executives.

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Bank owners also asked for guarantees that their organizations would not be persecuted if they forbade Russians from holding deposits above the limit. We are talking about possible claims and compensation, Reuters points out.

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