American Express suspended a wire service in Ukraine, angering business owners that had been using it to make cross-border payments
Oleg Nayandin’s international flower-delivery business hit a snag after Russia invaded Ukraine. The American Express Co. wire service he had used for years to pay vendors in Ukraine had suddenly stopped working.
He contacted AmEx for an explanation. A representative told him the company had suspended the service in the country. “I understand Russia, but why Ukraine?” Mr. Nayandin, who is based in Fairfax County, Va., said he told the AmEx representative.
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