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The largest commercial bank in the Maldives, Bank of the Maldives, with assets of about $3.6 billion, has officially confirmed the cessation of processing all money transfers related to Russia, RBC writes. The press service of the credit institution explained that the country is included in the list of countries with limited access, therefore transactions are blocked as required by law. Earlier, the Russian Travel Industry Association reported refunds of payments from tour operators for Russians staying in hotels.

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The largest commercial bank in the Maldives, Bank of the Maldives, with assets of about $3.6 billion, has officially confirmed the cessation of processing all money transfers related to Russia, RBC writes. The press service of the credit institution explained that the country is included in the list of countries with limited access, therefore transactions are blocked as required by law. Earlier, the Russian Travel Industry Association reported refunds of payments from tour operators for Russians staying in hotels.

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