Sergey Vodolagin quoted by Forbes

Forbes published an article “The laundry is closed. How the Russian money and Baltic banks lost each other”. The article covers the issue of closing of Baltic banks for Russian money. The above issue is as relevant as ever due to international situation which becomes more and more complicated.

Westside law firm managing partner who visited Lithuania in September 2018 for the purposes of discussion of a financial project with Lithuanian lawyers shared his opinion on the current situation. Vodolagin made sure that hard times for Russian money came. “Every “Russian print” will be taken as a negative factor by Lithuanian banks and will attract attention. The banks want to be sure that the Russian money, first, have a legal origin and, second, have no attitude to companies and persons under sanctions. And the issue of opening of an account for a Russian citizen in Lithuania may be solved within several months”, - said Vodolagin.

You can find more details at: http://www.forbes.ru/finansy-i-investicii/371493-prachechnaya-na-zamke-kak-rossiyskie-dengi-i-pribaltiyskie-banki