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SBP will be available in Internet banks

3 апреля 2023
105

The Bank of Russia has issued an Instruction requiring banks to implement the Fast Payment System (FPS) not only in mobile applications, but also in online banks.

This requirement applies to banks with a universal license that do not have the technical ability to provide access to the FPS through mobile applications. In this case, they must implement this system in Internet banks.

From 1 April 2024, banks will also provide transfers through the FPS between legal entities.

For more details see Bank of Russia Ordinance No. 6358-U dated 12 January 2023 "On Amendments to Bank of Russia Regulation No. 732-P dated 24 September 2020 "On the Bank of Russia Payment System"

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