Legal experts have confirmed that Sberbank’s method of enabling money transfers to Europe does not violate sanctions regulations, as the process involves intermediary banks. This approach allows customers to send funds internationally without direct sanction compliance issues. The workaround is seen as a way to circumvent the restrictions placed on Russian banks, which have been heavily impacted by Western sanctions.
While the move is not technically in violation of sanctions rules, it has raised questions about the extent to which such workarounds can be used to bypass international financial restrictions. Financial analysts have noted that the use of intermediary banks may still present risks and uncertainties in the long run. Despite this, the workaround has been welcomed by some customers who rely on cross-border transactions for business operations.