As licensed financial institutions, banks work hard to get to know you as their valued client. Given the increasingly complex environment relating to Sanctions and Embargoes our clients operate in, we have provided on our website guidance relating to the same. It is a good idea to let you know how they work, your obligations as a business and the potential penalties for non-compliance.
Please click on the button below to find a straight forward summary of sanctions. While most businesses will rarely be affected by sanctions and embargoes, the consequences for breaking the rules can be severe. So, we suggest you study this content carefully and, if necessary, seek independent legal advice before entering into any agreements with international clients or their agents.