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Following British sanctions: Paybox blocked a settler's account - voila! Of money

2024-02-19T08:31:31.449Z

Highlights: Following British sanctions: Paybox blocked a settler's account - voila! Of money. Paybox informed Moshe Sharvit that his account was blocked after he was sanctioned by Britain; The family said: "This is a reward for Hamas and terrorism" The banks are obliged to comply with the order otherwise they are taking on huge risks and exposure to the sanctions that will be imposed on them, which can even reach disconnection From the SWIFT system - a global money transfer system in which more than 200 countries are members.


Paybox informed Moshe Sharvit that his account was blocked after he was sanctioned by Britain; The family said: "This is a reward for Hamas and terrorism"


On video: Settlers attack left-wing activists/photo: Yesh Din

After the British order and the alignment of some of the major banks in Israel - now also the Paybox company operated by Discount Bank is taking steps against the extremist settlers who entered the "black list".



Sanctions were imposed on Sharvit as part of the order issued by the United Kingdom, which came after the US presidential order, and includes a list of settlers additional to the American one.



One of them, Moshe Sharvit, received a message last night in an email stating that his accounts were blocked and his money confiscated: "Following information we received that you appear on an international sanctions list ", the message reads. Paybox joins Bank Leumi and the Post Bank which have already blocked accounts following the sanctions.



According to the family, this is the first significant incident they have suffered as a result of that decision, according to them, since with the help of the money in the account - they conduct themselves on a daily basis at the Emek Tirzah farm in the Jordan Valley, which Founded by Moshe together with his brother Harel Sharvit, the late, who fell in Gaza last December.



David, Harel's brother, said: "We feel very sad to see that an Israeli company that flaunts its logo with the Israeli flag during times of war, directs its resources against bereaved families. The announcement of Paybox is a reward for terrorism and Hamas, but even from this low point we will emerge strong and continue to work and act in the way The legacy of our brother, the hero of Israel."

wand.

His account was blocked due to UK sanctions/screenshot, Walla system!

A few weeks ago, the United States issued a presidential order against four settlers on the grounds that they used violence against Palestinians as well as Israeli activists through stone throwing, assault and injury, property arson, and more.



The order is considered unusual in its severity and is given mainly to terrorist activists in war situations, or to their economic drivers. On the blacklist, Names enter it only with the signature of the most senior members of the American government: the Houthis in Yemen, the Revolutionary Guards in Iran, Russian oligarchs during Russia's invasion of Ukraine, and a series of senior terrorist operatives that the United States designated to stem the flow of their funds.



According to the presidential order, assets and bank accounts in the United States of the four settlers will be frozen.

There will be a ban on trading with them or transferring funds to them through the American banking system and they will not be able to enter the United States.



It is not just about blocking the bank account or preventing entry to the US, the meaning of the order is to block access of those people from any financial activity related to the United States in any way.



The banks are obliged to comply with the order otherwise they are taking on huge risks and exposure to the sanctions that will be imposed on them, which can even reach disconnection From the SWIFT system - a global money transfer system in which more than 200 countries are members.

  • More on the same topic:

  • Sanctions

  • Settlers

  • U.S

  • UK

Source: walla

All business articles on 2024-02-19

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