OREANDA-NEWS. August 21, 2014. The Bank of Moscow started to perform interbank payments for corporate clients 24 hours a day. This innovation will provide instant settlements, including interbranch ones (between counterparties within the Bank of Moscow), and prolong the time of activity for customers-counterparties and groups of companies.

The Bank of Moscow is one of the first banks in the country, which provided its customers with a such a service.

Now customers of the Bank, transferring documents using remote forms of banking (Internet Bank-Client and Bank-Client), can perform interbank payments after the end of the working day. Payments, that do not require manual processing, will be performed automatically. Processing of such payments within the Bank will be free of charge.

"The introduction of interbank payments around the clock is the next step towards the empowerment of settlement services for our corporate clients. We understand how settlement conditions are important for them, thus we regularly introduce measures that simplify operations and make settlements easier and more convenient," commented Andrey Vozmilov, the Vice President — the Director of Corporate Business Coordination Department of the Bank of Moscow.