OREANDA-NEWS. Subsidiary Bank Sberbank of Russia JSC (Almaty), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE) by an official letter informed KASE of the following:

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SB Sberbank JSC is the very first bank in Kazakhstan to launch a unique service – cash withdrawal from an ATM without a card. The new feature is available online and via mobile versions of Sberbank Online.

In order to withdraw money from an ATM without a card the customer needs to use Sberbank Online WEB-version or a mobile app and select "Withdraw cash without a card." Then, you need to specify the amount to be withdrawn and a mobile phone number. The system will automatically generate a code consisting of two parts: the customer gets the first part via Sberbank Online, the second one is received in the form of an SMS-message. To withdraw cash from an ATM you need to select "Withdraw cash without a card" on the ATM screen, enter both parts of the code and the amount indicated earlier via Sberbank Online. After the data is checked, the system authorizes the withdrawal and the customer receives cash and a check.

"Sberbank in Kazakhstan pays special attention to the optimization of the retail business processes, and the key role is played here by the introduction of modern IT-solutions. The new service "Cash withdrawal without a card" will allow our customers to easily use their funds even in unforeseen circumstances ", - said Andrey Timchenko, Deputy Chairman of the Management Board for retail business of SB Sberbank JSC.

The code validity period is strictly limited, if during 24 hours the amount is not cashed, it will automatically return to the sender's card account. The possible transaction amount varies from KZT1,000 to KZT100,000. The service fee is KZT200.

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