OREANDA-NEWS. January 19, 2012. Early this year, Sviaz-Bank launched a new service, Guaranteed Transfer in U.S. Dollars, for corporate customers as part of its package of cash settlement services in foreign exchange.

Funds will now be transferred for the benefit of customers of other banks in U.S. dollars and the beneficiaries will have a guarantee of receiving the full amount of the funds transferred. No commissions will be charged on the amount transferred to the recipient’s account with correspondent banks, no doubt the greatest advantage of guaranteed transfer.

“The launch of the new service that broadens the spectrum of transfer services we offer to legal entities will help attract new customers to the Bank, inspire their loyalties, and encourage them to transfer funds in foreign exchange more frequently,” said Vladimir Borzenkov, Sviaz-Bank’s Vice President and Director of the Corporate Business Development Department.

Guaranteed Transfer in U.S. Dollars is a service now available at all Bank offices.