Banks in the United Arab Emirates (UAE) stopped cooperation with Russian clients, and Russians have similar problems in Turkey and China.
This is stated in the material of Apostrophe.
The termination of services to legal entities and individuals from the Russian Federation in the banks of countries that until recently were quite friendly to Russians is most likely due to secondary sanctions imposed by the United States and the European Union at the end of last year and at the beginning of this year.
China is currently Russia's main trading partner, so any problems with payments in Chinese banks are a severe hit for the aggressor country. It is currently known that at least four Chinese banks have imposed certain restrictions on transactions with sanctioned Russian companies. These include Chouzhou Commercial Bank, which was the main payment center for Russian importers, as well as such financial institutions as Industrial and Commercial Bank of China (ICBC), China Construction Bank (CCB), and Bank of China.
The blocking of monetary payments negatively affects both Russian exports to China and imports from China.
As for the UAE, this country, after the Russian invasion of Ukraine, became a place of mass business registration for the Russian Federation to circumvent Western sanctions. Therefore, the restriction of financial activities of Russians by Emirati banks actually deprives representatives of the Russian Federation of this opportunity.
In this regard, Russians are already looking for new "safe harbors" from which they can do business to circumvent sanctions. In particular, Vietnam and Indonesia are being mentioned more and more often among such countries.