VTB will issue new electronic IDs to combat veterans
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The bank will be one of the first to join the Russian Ministry of Defense project to issue new certificates to veterans, the press service of the credit institution reported. Combat veterans will be able to receive electronic ID cards “SVOi” as early as June.
The corresponding agreement on partnership in the project was signed by the President and Chairman of the Board of VTB Andrei Kostin and the Minister of Defense of the Russian Federation Sergei Shoigu. The certificate will be equivalent to a paper document, and will also provide the owner with a number of additional opportunities.
“The electronic ID of a combat veteran (ECV) will look like a regular bank card, will become a convenient analogue of the paper version of the document and in this form will simplify the receipt of both financial and non-financial support from the state – monetary allowance and all other required payments will be credited to it. “SVOi” will also become a debit card for usual financial transactions for every day: payments, transfers, savings. The card can be used to pay for transport travel, receive federal and regional benefits and discounts. The electronic VBD certificate has no expiration date, will be valid throughout Russia and will be available to combat veterans of all armed conflicts and operations,” the bank said in a statement.
Military veterans with an electronic ID will be able to use services at the bank, including within the framework of the “Family Bank” concept and loyalty program.
“VTB serves more than 19.3 million retail clients and has been a government partner in social programs for many years. Starting in June, we will begin issuing electronic IDs to combat veterans, which will also become a single means for managing finances, accessing digital services, and combining all social support measures. According to our estimates, more than 1 million combat veterans will be able to receive them,” summarized Georgy Gorshkov, Deputy President and Chairman of the Bank’s Board of Directors.
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