MKB was the first Russian bank to issue a Mir card to a foreigner abroad

MKB was the first Russian bank to issue a Mir card to a foreigner abroad

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Moscow Credit Bank (MCB) became the first bank in Russia to issue a card of the national payment system “Mir” to a foreign client in the territory of another state – Tajikistan. About it reported press service of the credit institution.

“MCB was the first in the Russian banking market to issue a ruble card based on the Mir payment system to a foreign client in the capital of Tajikistan. MKB, together with a partner bank in Dushanbe, tested a new technology that allows remote identification of a client,” says a message on the bank’s website.

The bank’s press service noted that in 2024, ICB will continue to scale and develop the program for issuing Mir cards in foreign countries. “In the future, any person abroad will be able to become the owner of ICD plastic cards based on the Mir payment system,” concluded the ICD.

In June, the State Duma adopted a law that allows Russian banks to remotely open accounts for foreigners. According to the new rules, clients are not required to be personally present at the bank to open an account if their identification is carried out by a foreign bank on behalf of a Russian credit institution.

The list of countries whose banks can remotely identify foreign clients to open cards and accounts with Russian credit institutions includes 25 countries. Among them are Belarus, Kazakhstan, Tajikistan, Brazil, India, China, Saudi Arabia, and Turkey.

Read more about Russian cards for foreigners in the Kommersant publication “Window to the World”.

Milena Kostereva

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