In its daily operations with the Customers and in performing transactions in Customers’ accounts, the Bank strictly observes national and international sanctions, inter alia, those imposed by the European Union, the United Nations Organization, and the Office of Foreign Assets Control (OFAC) of the US Department of the Treasury. The Bank constantly monitors its Customers, their business activities and transactions performed in their accounts, as well as counterparties related to the Customers, controlling the possible occurrence of sanction risks.
Taking into account that the Office of Foreign Assets Control (OFAC) of the US Department of the Treasury and the European Union have introduced new financial sanctions against Russia and Belarus, please note that the further processing of payments to/from Russia or Belarus might be delayed or even be impossible.
In cooperating with the Bank, we encourage you to individually control and prevent the occurrence of sanction risks, paying special attention to the transactions involving persons from regions and jurisdictions subject to sanctions, and check yourself that the transactions performed with these partners will not contradict sanction laws.
Should any questions arise, please contact your manager or call the Customer Info Service at +371 67 359 000.
AS “Reģionālā investīciju banka”