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Raiffeisenbank will not make outgoing payments to the Russian Federation and Belarus from 15 February 2023 and has informed its customers about it.
This decision applies to all payment and card transactions (regardless of the currency of the outgoing transaction). The decision was made on the basis of the designation of Russia as a high-risk third country by the Financial Analytical Service of the Czech Republic. Raiffeisenbank a.s. fully respects this position and limits its services in order to minimize risks for clients. We are aware of the implications of this decision for our clients and will continue to communicate with them and support them with services in accordance with the applicable laws and regulations of the regulatory authorities of the Czech Republic.