Russia: Bank sanctions
03 March 2022
Following the imposition of financial sanctions in relation to the Russian invasion of Ukraine, at present the University cannot directly make any payments to Russia or receive funds from Russia where this involves a sanctioned bank. This applies to all payment systems at the University of Reading, including payments made via Visa/Mastercard, Transfermate or Western Union, as well as direct bank transfers via Barclays.
For those individuals/companies who will want to continue to use University services, they will be expected to pay in full while operating within the latest rules regarding economic sanctions from the UK towards Russia.
For those individuals/companies who will want to continue to use University services, they will be expected to pay in full while operating within the latest rules regarding economic sanctions from the UK towards Russia.
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