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Portugal4d ago

CGD begins closing Russian accounts

Portugal's largest bank is closing accounts for Russian citizens without a residence permit.

Sources
1 verified
Location
Portugal
Updated
Monday, 15 June 2026 at 20:55 UTC
No media · text-only dispatch
Synthesis · 1 sources
Portugal's largest bank, Caixa Geral de Depósitos, has begun mass-notifying Russian clients about account closures, effective August 14. Notifications via email or SMS started June 8, targeting Russian citizens without a Portuguese residence permit. The move affects thousands of accounts as part of broader EU sanctions enforcement.
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e/eineurope · topic · T-81476