Interpolitan News: 01.04.22
Following the Governments statutory guidance on Russian sanctions, Interpolitan has reviewed all clients for any connections to Russia, Belarus and/or Ukraine and will continue to closely monitor status through daily screening.
For further information on the gov.uk sanctions, can be found here
Interpolitan will not be processing transactions involving the banks or regions listed below. The list is not exhaustive:
Banks (including subsidiaries)
· VTB Bank
· Otkritie Bank
· VEB Bank
· Rossiya Bank
· Alfa Bank
· Vnesheconom Bank
· IS Bank
Regions including any bank/entity/individual located in Luhansk People’s Republic (contested region of Ukraine) and Donetsk People's Republic (contested region of Ukraine).
As a result, any transactions involving the above, or any other sanctions target, will be blocked on Interpolitan’s system and funds may be held and frozen.
Interpolitan will continue to monitor the situation and review the Gov.uk sanction updates, any new amendments will be implemented. We will continue to work closely with our banking partners so that Interpolitan complies without delay.
Interpolitan will continue to update the embargoed countries following further announcements from the UK Government.
Transactions involving money movement to or from Russia, Ukraine or Belarus may experience delays or be blocked based on sanction checks.