The dwellers of the Crimean peninsula have been cut off from SWIFT international payment system, RBK-Ukraine (РБК-Україна) reports.
Reportedly, the western banks have suspended making any foreign currency transactions involving the residents registered in Crimea, these operations are blocked by SWIFT.
Moreover, the location of the intermediary bank does not remove the limitation, a transaction indicating the Crimean place of registration will be blocked despite it can be made through the bank in Moscow.
The same limitation is applied to the companies registered in Crimea.