Major Swiss Banks UBS and Credit Suisse have begun to close accounts of Russian customers with assets of no more than $ 5 million, writes in citing sources in the market of private banking.

"Forcing banks to close their account customers with assets of no more than $ 5 million. In case of disagreement, the customer must pay the monthly fee for account maintenance ", - quotes the magazine quoted the source as saying.

Clarifies that the monthly fee is around a thousand Swiss francs a month.

the journal emphasizes that the problems of the citizens of Russia with foreign banks were started in the spring of last year, when Russia came under international sanctions. Interlocutor Forbes said that last year the Swiss credit institutions had a similar policy, but then difficulties experienced by clients with accounts not more than $ 3 million.

in addition to the closure of the accounts, Swiss Banks began to monitor customers ' compliance with Russian law on controlled foreign companies and the law on currency control. Several bankers said Forbes, UBS and Credit Suisse to allow Russian consumers to transfer funds to their personal accounts in Switzerland only from Russia.

Relations between Russia and the West deteriorated in connection with the situation in Ukraine. At the end of July 2014, the EU and the US from point penalties against certain individuals and organizations have moved to the measures against entire sectors of the Russian economy.

sections: Politics