Sanctions, answer questions.

In addition to all sectoral sanctions and bans on the export of goods to the Russian Federation and the Republic of Belarus, banks do not credit funds from payers in the Russian Federation and the Republic of Belarus to beneficiary accounts (recipients) in the European Union, United Kingdom, and the USA due to the prohibition on using the SWIFT system.

What to do? Is it possible to purchase a car or other machinery, goods in Europe or the USA? How to technically make the payment? Such questions have become routine, and our answers are outlined below.

For instance, if you find a car or goods from another source and you have an account with a European bank, you can pay for the vehicle by transferring funds to our account.

In the event of purchasing a vehicle that is not subject to EU sanctions, and after successfully passing KYC/AML checks, you can make a payment. Such payments will require documents confirming the legality of the funds, a document confirming the origin of the funds.

Additionally, as of 18/08/2023, we accept Bank transfers from Belarusian citizens to our bank account only when the transfer originates from a European bank account.

Sanctions Covering Auto Sales to Belarus:

Updated on 07/02/2024

According to the sanction decision 2024/1864, which came into effect on July 1, 2024, certain goods and services are under restrictions. Specifically, passenger cars under code 8703 (including sports cars and station wagons) and other machinery such as commercial vehicles and motorized equipment (including snowmobiles and jet skis) are subject to an export ban. Also prohibited are accompanying consulting, financial services, disclosure of trade secrets, licensing, and other services.

Sanctions Covering Auto Sales to the Russian Federation:

According to sanction decision 833/2014, certain goods and services are under restrictions. Specifically, passenger vehicles under code 8703 (including sports cars and station wagons) and other machinery such as commercial vehicles and motorized equipment (including snowmobiles and jet skis) are subject to an export ban. Also prohibited are accompanying consulting, financial services, disclosure of trade secrets, licensing, and other services.