BBR Bank has launched a new international payment service for companies engaged in foreign trade. The system utilizes digital currencies to facilitate cross-border transactions, aiming to streamline financial operations for importers and exporters.
The service enables businesses to complete payments to foreign partners within a few minutes. The transaction fee starts at 0.4 percent. According to the bank, the mechanism allows for transfers in any currency without restrictions on the types of goods or business sectors involved.
The platform includes automated tools for currency control documentation, which reduces administrative tasks for companies. Additionally, the service accelerates the return of export revenue, ensuring funds reach the exporter within one business day.
Alexander Kiselev, director of the corporate block at BBR Bank, stated that the service provides a predictable and transparent compliance process for businesses. The solution is currently available to all participants in foreign economic activity upon request at the bank's offices.
