Information provided by Deel

“The US Office of Foreign Assets Control (“OFAC”) placed sanctions on four Russian banks, VEB Bank, VTB Bank, Sherbank, PSB Bank and their subsidiaries. While this means we no longer support contractor and employee payments to these banks, we’ve been working hard to support Deel customers in the region.

Here’s a summary of what we’re doing to ensure business continuity:

Payments to all other banks located in Russia, Ukraine and Belarus are currently supported as normal. We also conduct a Know Your Customer (“KYC”) check and sanction screening check on all employees and contractors.”

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