The Central Bank invited banks to introduce transfers through the SBP using computers
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From October 1, 2023, the Bank of Russia has offered systemically important banks to provide transfers through the fast payment system (FPS), regardless of the availability of mobile applications. Thus, now transfers through the SBP will be available for desktop computers.
“The Fast Payment System (FPS) will be integrated not only into mobile applications, but also into the Internet banks of large credit institutions. This will allow citizens to make transfers both using smartphones and desktop computers, regardless of the availability of the bank’s mobile application,” the statement says. message Central Bank.
In addition, the Bank of Russia plans to oblige banks to provide transfers between legal entities through the FPS from April 1, 2024. It also simplifies the procedure for interaction between banks from Russia and foreign partners in cross-border transfers through the SBP.
According to Izvestia, in the near future, cross-border transfers through the FPS to Armenia and Kazakhstan may start working. The Bank of Russia said that they intend to launch such transfers at the end of 2022. The priority is transfers to Belarus.
Read more about the project in the article “Fast payments are ringing Eurasia”.
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