Hello. Unfortunately, due to sanctions, PayPal imposed restrictions on residents of Russia - “we are suspending sending and receiving transactions between Russia and other countries through PayPal.”
Therefore, a situation may arise that I and other residents of Russia will not be able to receive honestly earned money from Envato.
In connection with this unpleasant situation, can you pay out the earned funds through another payment system (for example, Webmoney) or make a payment to a bank account?
This situation is incredibly absurd for a lot of reasons. I hope it gets fixed and you can easily receive your hard earned money during those times when it matters most. I’m sure that Envato will find a solution.
As I understand from 22 of March bank accounts that under sunctions will not be available for withdrawals, but you can add new bank account (without sunctions applied) in Payoneer dashboard and receive payments.
Here is the email that I had on 28th of Febrary 2022:
Hello,
According to the latest update regarding sanctions imposed on your bank, we’ll be able to continue to process the transfer of your funds from your Payoneer account to your bank account (or the bank account of one of your recipients) until March 22, 2022.
After this date, your bank will be sanctioned by government order until further notice.
Although sanctions are still not in effect at the moment, we strongly recommend that you add a bank account at a bank that is not sanctioned and set it as the default bank account, as the situation may change at any time.
Our team remains dedicated to support your business and keep your funds secure.
For the more detailed information, please contact us
Money goes back to your envato account. No transactions will be available by PayPal any more. You can just withdraw what rest on your PayPal account, that is it.
I wrote to support with this issue they wrote me back that there will be announcement yesterday but there wasn’t still. May be today…I do not know. Keep waiting for admin response.
Payments this month will be canceled and all balance will return to envato accounts. Next payments will be in april if we change payout method from PayPal to another.