Note that many countries, including Singapore, are in the list: https://en.wikipedia.org/wiki/Unfriendly_Countries_List https://en.wikipedia.org/wiki/Unfriendly

Note that many countries, including Singapore, are in the list: https://en.wikipedia.org/wiki/Unfriendly_Countries_List https://en.wikipedia.org/wiki/Unfriendly_Countries_List Quoting from there: Debtors from countries on the list who sought to receive payments on the debt were required to open a special bank account at a Russian bank to receive payments in Russia's currency, rubles, rather than another international currency.[10] In addition, all new corporate deals between Russian companies and entities in countries on the Unfriendly Countries List had to seek approval from a government commission.[10] Also opening a bank account in Turkey won't help, because payments from MIR are blocked there too since this week. You can still receive cash money from travelers, since March 2, 2022, there is a decree of Russian President Vladimir Putin, which prohibits taking abroad cash currency worth more than 10 thousand U.S. dollars per person.