Connection to SBP is prolonged until the end of the year

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Banks with the universal license which will not manage to be connected to System of fast payments (SBP) by October 1, 2020, will be able to make it later — till January 1, 2021 — without sanctions from the regulator. The corresponding information letter was issued by Central bank Russian Federation (Bank Russia). Today because of a pandemic Koronavirus many staff of the credit organizations works far off, banks were compelled to reconstruct the business processes, and they need an extra time for introduction of the SBP services. At the moment in SBP of 146 participants, from them 134 — it is banks with the universal license, 42 more bank are...

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Bank of Russia
Main activity:Finance