Just had an email from Dozens saying they were suspending all international transfers, and just read (see below) that Wise were stopping transfers to Russia.
(Actually, google “Wise” “transfers to Russia” and you get an ad for transferring money to Russia using Wise!)
Revolut very equivocal - not altogether surprising there.
Dozens’ letter
"Dear customers,
In light of recent developments in Ukraine and communications from the FCA with respect to UK sanctions, we are making some changes to the services we offer and adding extra scrutiny to the processes we follow.
We are turning off outgoing international payments with immediate effect. We’ve made this decision by looking at the usage data and balancing it against the risks. Currently there is little demand from our customers for international payments, meanwhile implementing a block reduces risk to us as a company and ensures no money gets into the hands of sanctioned individuals or businesses. "
If you believe that fostering Russophobia (which is what I’m talking about) [defined as people who feel intense like towards Russian peoples] is acceptable then you’re much more of a car crash than Boris
Ask yourselves if you’d be as rude towards the LGBT as people are throwing hatred at Russians instead of the Russian Administration
In other news I made a largeish transfer on Revolut yesterday with no issue. No similar correspondence to Dozens from them - so the AI is still handling all of the AML in light of sanctions.
