OREANDA-NEWS. January 26, 2010. Sviaz-Bank’s branch in St. Petersburg has made an agreement with the Russian Federation’s Pension Fund Office providing services in St.Petersburg and Leningrad Region on delivery of pensions and other cash benefits paid by the Russian Federation’s Pension Fund by crediting the benefits to individual accounts with the Bank, reported the press-centre of Sviaz-Bank.

At the recipients’ request, the St. Petersburg branch credits pensions and other cash benefits to their deposit accounts or plastic card accounts with Sviaz-Bank.

No fee is charged for benefit payment. Interest is paid on balances in accounts with the Bank.