At the end of October 2026, the Argentinian bank Galicia began blocking accounts of Russian clients, sparking outrage among many of them. These actions also affected some citizens of Belarus who hold accounts at this bank.
Reasons for Account Blocking
Galicia Bank has not provided clear explanations for the reasons behind the account blocking. However, according to clients, the restrictions apply even to those who have already obtained Argentinian citizenship. This has raised concerns among Russians who believe their rights are being violated without sufficient grounds.
Client Reactions
Clients who have faced account blocking express their outrage through social media and are demanding explanations from the bank. Many of them note that they received no prior warnings about potential restrictions. Key complaints include:
- Lack of warnings about account blocking;
- Restrictions affecting even those with Argentinian citizenship;
- Denial of access to their own funds.
What's Next?
Currently, the situation remains tense. Affected clients are planning to take legal action to protect their rights. Galicia Bank has yet to comment on the situation, which raises further concerns among clients. Whether they will be able to recover their funds and regain access to their accounts remains uncertain.