OREANDA-NEWS. December 06, 2013. As a principal member of the VISA International and MasterCard Worldwide payment systems, Sviaz-Bank offers lending institutions its services in assisting them to join, and participate in, the VISA and MasterCard international payment systems as associated or affiliated members and have their card programs connected to the Bank’s Processing Center, MPC LLC (Sviaz-Bank’s fully owned subsidiary).

MPC LLC holds a certificate of compliance with the PCI DSS rules and is on the global lists of providers of processing services from the VISA and MasterCard international payment systems.
Settlements between the payment systems and a partner bank are conducted in three currencies –rubles, U.S.dollars, and euros.

Interbank fees (Interchange) charged by the payment systems are transferred in full without any amounts deducted in favor of Sviaz-Bank as the sponsor bank.

A developed network of automated teller machines (ATM) and cash dispensing points is among the basic signs of a customer-friendly approach by a lending and financial institution. Sviaz-Bank operates a far-flung proprietary network of cash dispensing points in its branches and ATM systems and cash dispensing units at post offices across Russia.

Sviaz-Bank is currently negotiating accession to the Joint Payment System (JPS). JPS has automated teller machines and cash dispensing points in 82 regions across Russia.