Possible effects for you
Impact on payment transactions:
Due to the continuously changing political circumstances in the Ukraine conflict and the accompanying Western sanctions decisions, the impact on payment transactions is constantly changing and therefore cannot be predicted with certainty. What is certain, however, is that the measures may have a significant impact on payment transactions.
What does the exclusion of Russian financial institutions from the international payment system SWIFT mean?
The SWIFT exclusion, which was jointly decided by the EU and other countries, currently only affects Russian financial institutions that have already been sanctioned. The aim of this measure is to cut off the sanctioned institutions from international financial flows.