OREANDA-NEWS. Following the results of the first half of 2014 Belarusbank was awarded by Raiffeisen Bank International AG (Austria) for the high quality of international bank transfers in euros - Straight Through Processing (STP) Quality Award. In such a way foreign partners have professionally evaluated compliance with the standards which allow to automatically perform payments without manual handling.

“For us this award, as well as any other, is the recognition of professionalism and compliance of our bank with the high standards in the field of international payments” - said Elena Stepanets, Director of Interbank Settlements of Belarusbank. Automatic payment processing is a major source of reducing material and time costs in handling accounts and, therefore, an important advantage in a highly competitive banking environment. Thus, this award again confirms Belarusbank's consistently high level of settlement services.