Comment by fmbb
Isn’t that illegal, I mean what those Western companies are doing?
So that does not answer the question what legit stuff businesses do.
Isn’t that illegal, I mean what those Western companies are doing?
So that does not answer the question what legit stuff businesses do.
Probably not. Most Russian companies are not subject to sanctions even in the US, but many of their banks are. And most Western companies are not in the US and consequently aren't bound by US sanctions.
However, AFAIK eight of Russia's biggest banks are still cut off from SWIFT: https://en.m.wikipedia.org/wiki/SWIFT_ban_against_Russian_ba...