BCS temporarily restricted the withdrawal of euros from brokerage accounts

BCS temporarily restricted the withdrawal of euros from brokerage accounts

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Broker “BCS World of Investments” has introduced an additional commission of 3% of the amount for withdrawal from the account of “unfriendly currencies” – US dollars and pounds sterling to third-party details. Withdrawal of euros from the brokerage account is “temporarily limited”. It is reported RBC Investments with a link to the broker’s client newsletter.

The BCS call center clarified that we are talking only about transactions with third-party banks that are not part of the brokerage organization group.

The commission will begin to be charged from October 20, it will affect only individuals and will be debited on the day the order for the withdrawal of funds in Russian rubles is executed at the rate of the Central Bank (CB) on that date.

October 10 Home Credit bank suspended acceptance of incoming and outgoing transfers in foreign currency. Such restrictions were forced to introduce most of the major banks of the Russian Federation. Among them are Sberbank, VTB, Rosselkhozbank, Otkritie, Alfa-Bank, Sovcombank, Promsvyazbank and Credit Bank of Moscow.

Erdni Kagaltynov

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