Since the start of the war: – Switzerland blocked 7.6 billion euros of Russian assets

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In Switzerland, 7.5 billion Swiss francs (about 7.6 billion euros) in Russian assets have been frozen since the start of the Russian war against Ukraine in February. In addition, 15 buildings were blocked, the government announced in Bern on Thursday.

According to the State Secretariat of Economic Affairs, a total of 116 companies and more than 1,200 people are affected.

Banks are not allowed to accept larger amounts from Russians
As part of the sanctions, Swiss banks are prohibited from accepting large sums of money from Russian nationals and individuals or companies based in Russia.

The limit is 100,000 francs. Existing deposits above this value had to be reported in early June. According to the agency, these amount to CHF 46.1 billion. According to its own information, the agency does not know how much money is under 100,000 francs in Swiss accounts.

Source: Krone

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