OREANDA-NEWS. December 7, 2009. Russian Standard Bank and the leading Russian payment system CyberPlat® signed an agreement on information and technology interaction in arranging acceptance of payments for loan repayment.

Under the new agreement, Russian Standard Bank clients can make loan payments or replenish accounts maintained in the Bank at any sales outlet or payment terminal that are connected to this service in the CyberPlat® system. The clients of the Russian Standard Bank can enjoy special terms that take effect since the date of signing the agreement. The commission fee for effecting payments intended for loan repayment and replenishment of accounts makes 1.5% but not less than 25 rubles per transaction. Money is credited to the accounts online.

The Agreement with the CyberPlat Company is a new stage in our cooperation owing to which Russian Standard Bank consistently meets the challenge of expanding the range of opportunities for its clients in managing their bank accounts including methods of remote control over their accounts. Active use of the sales network outlets of the CyberPlat® payment system located throughout Russia will enable the Bank’s clients to solve a significant part of their financial issues promptly and timely,” said Vladimir Pyshnyi, First Deputy Chairman of the Board, Russian Standard Bank.

The solutions offered by our payment system to banks including arrangements in accepting payments for loan repayment provide clients with more comfortable relations with their bank and considerably cut the front-office costs for credit institutions. All of that significantly improves the efficiency of banks’ operation,” noted Andrey Gribov, General Director, CyberPlat OJSC.

The new agreement is a follow-up of cooperation that started in August of this year when it became possible to use the ATM network of Russian Standard Bank for effecting payments in favour of mobile and fixed-line telecommunication operators, commercial television, Internet and other providers.