Add to favorite
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

Sberbank Will Help Partners Of Master-Bank
24.11.2013 11:58
Sberbank Will Help Partners Of Master-Bank

Sberbank (Savings Bank) temporarily becomes the clearing bank for partners of Master-Bank.

      "Visa and MasterCard agreed on  temporary solution proposed by Sberbank, allowing clients of partner banks of Master-Bank, which has its license revoked, to resume operations with their bank cards as soon as possible", Sberbank reports.

      In order to perform operations and settlements using cards issued by Master-Bank's partner banks, the clients need to open correspondent accounts in Sberbank with funds deposited on them.

      "Transactions with partner bank cards resume upon meeting of specified conditions. Time, required to implement these conditions, generally, is one business day," Sberbank explained. American partners of Master-Bank refused to comment on their relations with the organization. Association of Tour Operators expects confusions with payments due to troubles with Master-Bank. For their part, the partner banks can choose any bank as a partner to carry out operations with bank cards. All approaches are coordinated with the Bank of Russia.


Author: Anna Dorozhkina

Tags: Sberbank Master-Bank.    

Next Previous

You might also find interesting:

RANEPA: Russian GDP Decreased by 7.5% in the Second Quarter of the Year
The Turnover of SMEs Fell by More than 50% in April
4.5 Million Entrepreneurs Went Bankrupt during the Pandemic in Russia
The Amount of Tax Benefits for Moscow Business will Exceed 170 Billion Rubles
Yandex Acquires the Parent Company of Tinkoff Bank

comments powered by Disqus

Comment on our site

RSS   twitter   facebook   submit

Bookmark and Share

Russia-France  Russian Cinema  Maria Callas  Russia-Serbia  Illustration  Sberbank  Paleontology  Russian tourism  Hermitage Museum  Concerts in Moscow  Russian Metro  Machete  St. Petersburg  travel to Russia  Yamal-Nenets Autonomous District   Utrish Reserve  Russian political parties  collaboration  Kemerovo Region  Russian Rock  Russian regions  Russia-German  Yekaterinburg  Exhibitions in Moscow  Russian airlines  criminal  Ukraine  Mercedes-Benz Fashion Week Russia  espionage  Russian business  active holidays in Russia  Moscow  medicine  Mercedes-Benz Fashion Week   All Events  Festivals in Moscow  Peter the Great  Smolensk  Kazan  Encephalitis  space  Russian legislation  Novorossiysk  Kirillov's Museum  Russian Bears  The Ivanovo Oblast  Russian basketball  Amber  guest author  Public Awareness 

Travel Blogs
Top Traveling Sites