Danske Bank’s approach to Russia’s invasion of Ukraine

Danske Bank follows the tragic situation in Ukraine closely, and our thoughts are with all those affected by the war.

We support our customers with advice and ongoing expertise related to their activities and finances, and we comply with the sanctions imposed by the UN, the EU, the UK, and the US.

Learn about sanctions and other implemented restrictions on this page.

In addition, Danske Bank has taken a number of other initiatives.

Read more

Payments involving Russia, Belarus, or non-government controlled areas and regions of Ukraine.

The ongoing unstable situation caused by the war in Ukraine and the associated financial sanctions are making it difficult for us to help our customers with their payments involving Russia, Belarus or the non-government controlled areas and regions of Ukraine. We have decided that Danske Bank will not process any payments involving Russia, Belarus or the non-government controlled areas and regions of Ukraine for the time being, subject to limited exceptions.

What does this mean for our customers?
Any direct or indirect commercial activity involving Russia, Belarus and the non-government controlled areas and regions of Ukraine is not supported by Danske Bank. This is subject to limited exceptions – for example, humanitarian aid.

We continue to monitor developments closely and are working hard to adjust our support as the circumstances change.

Take a look at this brochure to be more informed about sanctions and what you can do to identify sanctions related risks.

Restrictions on Russian securities at Danske Bank

If you have any questions in this respect, please contact one of Danske Bank’s advisers.


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