Additional information on payment transactions related to the states subject to sanctions
After the European Union (EU) and its allies imposed large-scale sanctions and restrictive measures on the Russian Federation, the Republic of Belarus and related entities due to Russia’s open military aggression against Ukraine and its people, we encouraged our customers to re-focus on other markets and reduce dependence on the states subject to sanctions. Having warned our customers and assessed the unacceptability of the risks posed by these states, on 1 September 2022 we stopped payments to/from the Russian Federation and the Republic of Belarus, in all currencies.