Payment blocking (freezing)
Payment blocking (freezing) is the suspension or rejection by a bank (including a correspondent bank) of a transfer under a foreign-trade deal due to sanctions restrictions, suspicions under Federal Law 115-FZ or incomplete documents.
A payment can get "stuck" at an intermediary bank even when the parties to the deal are clean - because of sanctions screening along the chain. The risk is reduced by documents and a payment route verified in advance.
We will help you structure the deal and the documents so that the payment goes through.
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