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Crisis in Ukraine: new sanction’s list for SWIFT exclusions

Sanctions implemented by the EU since the beginning of the crisis in Ukraine include the exclusion of certain Russian and Belarusian banks from the Swift banking messaging platform. However, these sanctions are not included in the EU list, although they are referenced by other sources of sanctions. Therefore, we have added a new list to our catalog for SWIFT exclusions. You want to know more about this new list and its use in our apps, read the blog post.

Laurent Collet
March 31, 2022

The EU's sanctions package includes the exclusion of several Russian and Belarusian banks from the SWIFT banking messaging platform.

This exclusion concerns 6 major Russian banks (Council Decision of 01/03/2022) and 3 Belarusian banks (Council Decision of 09/03/2022).  However, these sanctions are not included as such in the EU list.

We have decided to reference these sanctions in our screening tools via a specific list.  This list is called SWIFT and has been included in our catalogue since 30/03/2022.

It currently includes the following banking institutions:

Russia

  • Bank Otkritie  
  • Novikombank  
  • Promsvyazbank Bank  
  • Rossiya Sovcombank  
  • VNESHECONOMBANK (VEB)  
  • VTB BANK

Belarus

  • Belagroprombank
  • Bank Dabrabyt
  • Development Bank of the Republic of Belarus

How does it impact you?

Our sanctions list is used in:

  • AMLspotter,
  • AMLspotter Online,
  • BNC,
  • BNC XS,
  • WEB BNC,
  • KYC & AML cloud suite
  • Microsoft Dynamics 365 KYC Addon
  • RiskAPI.

If you have any questions about using the consolidated sanctions database in our anti-money laundering solutions, if you want to have this new list activated in your solution, please do not hesitate to contact our Support Team.