Deel recognizes that the situation in Eastern Europe continues to be volatile and uncertain, with frequently changing market conditions. But we aim to help our customers however we can during these unstable times.
There are no sanctions on employees or contractors located in Russia or Ukraine.
International sanctions on Russian banks are not affecting domestic payments to employees.
However, Deel is not accepting new clients from the Russian Federation at this time.
For more details on how we are handling the ongoing situation, please select a category below:
For all Deel Clients, Contractors, and Employees
Russian Contractors
Contractors may open e-wallet accounts that Deel supports as withdrawal methods.
Deel isn't involved in creating or managing wallet accounts and we do not maintain updated knowledge about availability. It is up to the contractor to review their individual options and open an e-wallet account
SWIFT payments in RUB are no longer supported. USD transfers are still working; however, payment processing times are longer than normal.
Russian Contractors can withdraw using the following methods:
SWIFT bank transfers: As long as the intermediary/beneficiary bank is not sanctioned, SWIFT transfers to Russia are still allowed in USD currency. Please note that SWIFT transfers to Russia may take longer than usual.
If you are making a SWIFT bank transfer withdrawal to Russia, please use the following checklist to reduce the chance of failures or delays on your payment:
- Global sanctions list: Please check that your bank is not on any global sanctions lists
- Accurate bank details: Please check your account number and routing number/SWIFT code for accuracy
- Matching account details: Ensure that your name, address, etc. with Deel are exactly the same as what is registered with your bank account
- Name and bank details in Latin characters: Deel’s payment processor only accepts payment details in Latin characters. Please translate any non-Latin characters accordingly
E-wallet transfers: Deel supports the following wallet withdrawal methods for contractors
- Coinbase
- PayPal
- Payoneer
- Revolut
- Wise
However, we aren’t involved in creating or managing wallet accounts and we don't maintain updated knowledge about whether a contractor in any given country can open an e-wallet balance, as availability may change.
For All Contractors, Employees, and Clients
Does Deel KYC and Sanction screen all of its Employees and Contractors?
Yes. Deel conducts a Know Your Customer (“KYC”) check and sanction screening check on all employees and contractors. Sanction screening is refreshed daily. You can learn more about our KYC screening process here
What is Deel doing to plan for potential future regulatory changes and sanctions?
Deel maintains a sophisticated network of payment methods in the region, which include local bank payments, international wire payments, wallet payments, and cryptocurrency payments.
Deel is closely monitoring the situation and we are ready to act quickly to any further changes that arise. If certain payment methods are blocked, we will offer a parallel solution to pay employees and contractors.
We no longer allow withdrawals to the following banks:
Absolut Bank
Agrosoyuz Bank
Alfa Bank
Bank Belveb
Bank Dabrabyt
Bank Levoberezhny
Bank Morskoy
Bank of Moscow
Bank Otkritie
Bank Primorye
Bank Rossiya
Bank Saint-Petersburg
Bank Vvb
Bank Zenit
Belagroprombank
Belinvestbank
Central Bank of Russian Federation
Commercial Bank Lanta-Bank
Commercial Bank Metallurgical Investment Bank
Commercial Bank Novikombank
Credit Bank of Moscow
Credit Ural Bank
Credo Bank
Development Bank of the Republic of Belarus
Eximbank of Russia
Gazprombank Group
Genbank
Globexbank
Industrial Savings Bank
Investcapitalbank
Joint-Stock Bank 'Morskoy'
Krajinvestbank
Mir Business Bank
Modulbank
Moscow Regional Bank
Mosoblbank
MTS Bank
North Credit Bank
Orient Express Bank
PJSC VTB Bank
Post Bank
Prom invest Bank
Promsvyaz Bank
Qiwi Bank
Rfc Bank
Rosgosstrakh Bank
Rossbank
Rublev Bank
Russian Bank for Small and Medium Enterprises Support
Russian National Commercial Bank
Sarovbusinessbank
Sberbank
SDM-Bank
Smp Bank
Sobinbank
Sovcombank
Subsidiary Bank - Sberbank of Russia Public Joint-Stock Company
Sviaz Bank Oao
Taatta Ab Zao
Tc Bank
Tinkoff Bank
Transkapitalbank
Ural Bank for Reconstruction and Development (UBRD)
URALSIB Bank
Verhnevolzhskiy' Cb Oao
Vietnam Russia Joint Venture Bank
Vnesheconombank
Vtb Bank Group
Important note regarding Raiffeisen Bank :
While not a sanctioned bank, Raiffeisen Bank recommends using other payment methods.
The bank is limiting the number of incoming payments in US dollars from other banks and increasing the commission for individual clients.
The commission for crediting transfers in US dollars from other banks to the accounts of individual customers, individual entrepreneurs, and legal entities will be 50% of the transfer amount, at least $1,000 US dollars, but not more than the amount received.
The maximum commission amount will be $10,000 USD.
To set up a new Withdrawal method, head to your Account Settings and choose another option.
Will Deel help with the migration of employees and contractors from the region?
Ukrainian EOR Employees: Deel is able to offer mobility support for Ukrainian EOR employees to relocate to the UAE and Romania.
Russian EOR Employees: Deel is able to offer mobility support for Russian EOR employees to relocate to the UAE.
Belarusian EOR Employees: Deel is able to offer mobility support for Belarusian EOR employees to relocate to the UAE and Armenia.
Employer Of Record relocations must follow our normal process.
Deel can generally support independent contractors in a country that is not considered an extreme risk. This means an individual (employee or contractor) can move to another country and we can still support them.
Please note that immigration protocols must be followed, and Deel is unable to help with independent contractor immigration and mobility at this time (Freelance visas are suggested)
How often does Deel review its policies and procedures regarding Eastern Europe?
Deel is closely monitoring the situation in Russia and Ukraine, and we are constantly reviewing our protocols given new developments.
We will continue to update this important FAQ with all the updated information we have at hand.
We are available for you if you wish to Contact us with additional questions or concerns. Our support agents are also available 24/7 on our Live Chat feature.