05.06.2024
Due to the restrictive measures taken by foreign countries the transfer of funds to foreign accounts is prohibited for the clients of certain Russian credit institutions. Before making transfers allowed under Russian law, Russian residents should check whether the credit institution from which the funds will be transferred is not on the list of institutions subject to blocking sanctions or restrictions with respect to:
In case the bank is stated on one of the lists below, the transfer of funds won’t be possible.
Below is the list of Russian credit institutions subject to foreign sanctions.
Types of sanctions | USA | EU | UK |
blocking sanctions | PJSC VTB OJSC Sovcombank JS Commercial Bank Novikombank PJSC Bank Financial Corporation Otkritie PJSC Promsvyazbank JS Commercial Bank Rossiya | Russian National Commercial Bank JS Commercial Bank Rossiya PJSC Promsvyazbank Vnesheconombank | Russian National Commercial Bank JS Commercial Bank Rossiya PJSC Promsvyazbank Vnesheconombank Industrial Savings Bank JSC Genbank Black Sea Bank of Development and Reconstruction PJSC VTB PJSC Bank Financial Corporation Otkritie OJSC Sovcombank |
sanctions on correspondent accounts | PJSC Sberbank of Russia | PJSC Sberbank of Russia the banks mentioned above | |
exclusion from the SWIFT system | PJSC Bank Financial Corporation Otkritie JS Commercial Bank Novikombank PJSC Promsvyazbank JS Commercial Bank Rossiya OJSC Sovcombank Vnesheconombank PJSC VTB |