VTB launched cross-border transfers to the CIS by card number

11 November 2022

 

VTB Bank has launched cross-border transfers to the CIS using card numbers of the national payment systems of these countries. This was announced to reporters by VTB Board Member Svyatoslav Ostrovsky at the Finopolis forum of innovative financial technologies.
 

"VTB customers can send money to cards of national payment systems of neighboring countries, including Armenia, Belarus and Kyrgyzstan. The transaction can be made through the VTB Online mobile application and online bank. All you have to do is specify the recipient's card number and full name. Funds will be credited to the account immediately", he said.
 

There will be a fixed commission of 1% of the transfer amount (minimum 50 rubles). The transaction limits are up to 150 thousand rubles a day and up to 300 thousand rubles a month, the banker said.
 

The transfer can be made in VTB Online for Android devices and via online banking.
 

In October, VTB launched a service of cross-border transfers by phone number to friendly countries. The first of such countries was Armenia.

 

 

GSV "Russia - Islamic world"

Photo: Moscow-Live/Creative Commons 2.0

Based on materials from TASS