Portugal's largest bank has warned Russian clients about account… (банк · счёт · клиент)

Portugal's largest bank has warned Russian clients about account closures. 'We request that customers return any unused checkbooks to Caixa Bank, as well as all access and control instruments for the account and related accounts, including bank cards,' the bank stated.

Consensus

• Caixa Geral de Depositos is closing accounts of some Russian clients starting August 14, 2026
• Clients must return unused checkbooks and banking cards
• Remaining funds can only be accessed in person at bank branches
• The measure primarily affects Russian citizens without Portuguese residence permits

Points of divergence

• Some Russian clients with Portuguese residence permits also received notifications — vedomosti
• Notifications were sent to clients who did not update their status in the bank — vedomosti
• Notifications began on June 9, 2026 — kommersant
• The bank's action is related to the number of Russian citizens denied Schengen visas in 2025 — vesti