EWG has identified and reviewed all clients for any connections to Russia, Belarus and/or Ukraine and continue to closely monitor status through daily screening.
EWG is no longer processing transactions involving the banks or regions listed below. The list is not exhaustive:
Banks (including subsidiaries)
Regions including any bank/entity/individual located in Luhansk, Donetsk, Kherson and Zaporizhzhia (contested region of Ukraine).
As a result, any transactions involving the above, or any other sanctions target, will be blocked on EWG’s system and funds may be frozen.
Further steps taken:
EWG is constantly monitoring the situation, and the imposition of any new sanctions, in close contact with banking partners.
If any new sanctions are imposed, EWG will comply without delay.
EWG’s embargoed countries list is updated immediately following changes being announced.
EWG is now temporarily prohibiting all transactions to and from Russia and Belarus, effective from 12pm UK time, Wednesday 9 March 2022.
Due to the extent, complexity and rapidly changing nature of the sanctions being imposed, EWG is temporarily prohibiting all transactions to and from Russia and Belarus. This includes transactions to, from, and through banks or persons located in both. No new transactions to/from Russia and Belarus via EWG can be created.
Ukraine (including Donetsk, Kherson, Luhansk and Zaporizhzhia Regions): Please be aware that all payments to Ukraine remain subject to delays and may not be processed due to the ongoing conflict and the increased sanctions risk. Payments to the mentioned regions will not be processed.
We are aware of the significant impact that this may have on clients, and wider communities. We will be reviewing this situation in line with applicable sanctions laws, operational capability, and under guidance and agreement with our regulators and banking providers.