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Banks do not cooperate with the payment system "Мир" - NBG

622890af67ac0
Natia Taktakishvili
09.03.22 19:00
699
Commercial banks and card processing systems operating in Georgia do not cooperate with the payment system "Мир", according to the statement published by the National Bank of Georgia (NBG) on its official website.

According to the NBG, operations with this system are fully carried out in the Russian system and it has nothing common with the Georgian financial system.

As of the central bank, the payment systems company "Мир" cooperates with the de facto republic of Abkhazia, which can violate the law ‘on Occupied Territories’.

As for the Georgian companies’ cooperation with the payment system, such assessment is beyond the competence of the National Bank.

“The National Bank of Georgia has always operated and continues to operate in full compliance with the standards set by international resolutions. We would like to remind you that the National Bank has already instructed the representatives of the financial sector of Georgia to fulfill their obligations under the sanctions”, - the statement reads.