Payments to individuals in Russia and Ukraine
Published on March 2, 2022 by Benjamin Nickolls
Due to the ongoing conflict in Ukraine, and the sanctions that are being applied to Russia, our primary payment provider, Wise, has restricted payments in Rubles (RUB). At the time of writing payments through Paypal were still accepted, but we anticipate that they will be disabled shortly. Payments to Ukraine in Hryvnia (UAH) are currently still open, but suffering severe delays. Wise has limited payments to $2,500 per transaction.
As a result: we do not recommend approving transactions for payments in RUB and we do not recommend approving single transactions over $2,500 for payment in UAH.
We are continuing to monitor the situation and will do our best to keep our services running as effectively as possible. We will post further updates here as we learn more.
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Following the EU's imposed ban on transactions by Russian-owned banks within the SWIFT payments system, we are no longer able to transfer any denomination into accounts based in Russia. As a result, we are currently unable to pay individuals and organisations based in Russia. Again we will continue to monitor the situation and provide updates.
Update:
We just had confirmation from Wise that we can't send USD into any Russian Bank.
Caps on payments to Ukraine have been relaxed. We can no send 14,000 USD to UAH per transfer.
We just had confirmation from Wise that we can't send USD into any Russian Bank.
Caps on payments to Ukraine have been relaxed. We can no send 14,000 USD to UAH per transfer.
Hi ! I hope OpenCollective will consider that direct SWIFT payouts is still available for major banks of Russia and implement this as payout method for affected communities.
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Hello! I’m wondering what the status of this is? I am located in the USA and a potential supporter from Russia is unable to make a contribution to my campaign. Do you know of any way they could do that? Thank you!
Hello Taylor. I have sent you an email in response.
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