In light of what is happening in Ukraine, American Express stated of having suspended all services in both Russia and Belarus. The company intends to support colleagues and customers in the attacked region and provide humanitarian aid to those suffering from the effects of this terrible war. Let’s find out all the details together.
American Express also stops services in Russia and Belarus
After Visa e Mastercard it was now a matter of days before American Express made its move. In a post published over the weekend, the company announces the suspension of all operations in Russia. Consequently, American Express cards issued globally they will no longer work at merchants or ATMs in Russia. In addition, the cards issued locally in Russia by Russian banks they won’t work anymore outside the country on the American Express global network.
The company reveals that it has suspended all commercial operations also in Belarus. This adds to the previous steps they have taken, which include severing their relations with banks in Russia affected by US and international government sanctions.
During this crisis and as always, their top priority is the well-being of colleagues and gods clients.
In recent weeks, the company has worked hard to support customers affected by this crisis. For example, they have assisted clients with travel arrangements to help them evacuate their employees and other interested parties to the affected areas. While this decision may impact customers, they will continue to do what they can to support them.
Additionally, as announced last week, American Express will be donating $ 1,000,000 in aid to organizations they are doing a heroic job for provide immediate relief it’s at long term to people in Ukraine and neighboring countries affected by this crisis.
One of American Express’s corporate values is “doing what’s right”. This principle has guided the company throughout its history and will continue to do so while alongside colleagues, customers and the international community in the hope of a peaceful resolution of this crisis.