“We draw special attention to the fact that all transactions in rubles, incl.

with securities, as well as deposits of individuals and legal entities in the national currency, transactions with cards of the MIR payment system are not subject to any sanctions restrictions from foreign counterparties and states," the statement on the bank's website says.

It is clarified that the sanctions impose restrictions on transactions in foreign currency, including transactions with securities, servicing accounts, as well as the use of bank cards in the territory of the states that have announced sanctions.

The PSB noted that the bank is operating normally and continues its activities in all areas.

“Operations for replenishment and withdrawal of funds from bank cards are carried out at PSB offices and ATMs with cash acceptance functions.

PSB cards, incl.

foreign payment systems Visa and MasterCard, work in POS-terminals and ATMs throughout Russia,” the bank said.

Earlier, the US Treasury announced the imposition of sanctions against VEB, Promsvyazbank and 42 of their subsidiaries.

US President Joe Biden announced the introduction of blocking restrictions against two large financial corporations in Russia - VEB and a military bank.

He also announced the imposition of sanctions on Russia's sovereign debt.