Citfin – Finanční trhy, a.s. and Citfin, spořitelní družstvo are entitled to refuse or postpone the execution of a Client’s Request, regardless of the payment currency if it could be contrary to, in particular, legal regulations of the Czech Republic, legal regulations of the country of the bank mediating the transfer or the intermediary bank’s business policy.
For the aforementioned reasons, Citfin – Finanční trhy, a.s. and Citfin, spořitelní družstvo are also entitled to refuse to accept payments to a client’s account. The client hereby acknowledges that, for the above reasons, the payment can also be returned or withheld by the intermediary bank.
This provision shall particularly apply to sent and received payments to the recipient or sender, who is a person residing in High Risk Countries and/or when the bank the recipient or sender is an institution owned by entities in these countries.
High Risk Country List
| Level I, High Risk Countries | |
|---|---|
| Afghanistan | افغانستان |
| Autonomous Republic of Crimea | Автономна Республіка Крим |
| Cuba | República de Cuba |
| Iran | جمهوری اسلامی ایران |
| North Korea | 조선민주주의인민공화국 |
| South Sudan | Republic of South Sudan |
| Sudan | Džumhúrijat as-Súdan |
| Syria | الجمهورية العربية السورية |
| Ukraine - Donetsk, Luhansk, Kherson and Zaporizhia area | Україна - Донецька, Луганська, Херсонська та Запорізька області |
| Myanmar | မြန်မာ |
