What is the bank’s policy on sanctions?

The bank has a zero-tolerance rule against sanction breaches and attempts to circumvent sanctions.  

In its provision of financial services, AS “Citadele banka” complies in full with international, national, and the USA’s Office of Foreign Assets Control (OFAC) sanctions in accordance with the procedures set out in normative acts. The bank complies with the USA’s OFAC sanctions in all currencies.  

The bank has the right to cease its partnership with customers to whom directly or indirectly, fully of partially sanctions apply, or if there is reasonable doubt that they are breaching or circumventing sanctions. 

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