OREANDA-NEWS. July 27, 2009. Sviaz-Bank’s branch in Ufa, Bashkortostan, has started opening current bank accounts for citizens of the Russian Federation to be credited with 12,000 in a lump sum from the maternity capital,* reported the press-centre of Sviaz-Bank.

A citizen of the Russian Federation can use this opportunity to have this amount credited to his or her account with a lending institution from the maternity capital accumulating in the Pension Fund of the Russian Federation. For the money to be transferred quickly without delay, the Bank’s Ufa branch has entered into agreements for the delivery of pensions and other cash benefits across all districts of Ufa.

No fees are charged by the Bank for opening accounts and issuing certificates confirming account opening.

* In accordance with Federal Law No. 72-FZ of April 28, 2009 on Amendements Some Legislative Acts of the Russian Federation for the Purpose of Raising the Level of Welfare of Specific Categories of Citizens.