Tour Companies Ask for Government Support After Largest Bank in Maldives Rejects Russian Payments
AI Summary
Tour companies are seeking government support after the Bank of Maldives began returning or rejecting payments from Russian tourists. The delayed or returned transactions are estimated at about $2 million, creating disruption for tourism businesses.
The Bank of Maldives began returning payments made by Russian tourists on Oct. 18, with an estimated total volume of delayed or returned payments reaching $2 million.