Sberbank of Russia

09/16/2020 | Press release | Distributed by Public on 09/16/2020 05:18

Sberbank customers in Kazakhstan can now transfer money to Russia using phone number

Sberbank has launched money transfers to Russia using a phone number in Kazakhstan. The new feature is available via the Sberbank Online Kazakhstan app. Now Sberbank subsidiary's customers can transfer money to the bank's customers in Russia quickly, conveniently, and securely by knowing only their phone number.

Open the Transfers section via the Sberbank Online Kazakhstan app for iOS or Android and then tap To Sberbank Customer in Russia to make a transaction. Input a recipient's phone number associated with their account or bank card. The transfer fee will be 0.95%, with the daily transaction ceiling of RUB 150,000. Transfers are denominated in tenge and will be converted to the currency of the card. Funds will be credited instantly.

Kirill Dmitriev, Director of the Payments and Transfers, Sberbank:

'The new service brings together our customers from Kazakhstan and Russia. We have allowed citizens of Kazakhstan to send remittances to Russia in several seconds as easily as they do it in their country. Our strategy is aimed at developing our ecosystem of instant international transfers among the CIS nations. Similar agreements have been reached with several banks in Tajikistan, Kyrgyzstan, Azerbaijan, Uzbekistan and other countries. However, the main goal is to make the transactions using a phone number bilateral. Weareactivelyworkingonit.'

Yeldar Tenizbayev, Chairman of the Management Board, SB Sberbank JSC:

'The transfers using a phone number is a really exclusive offer on the remittances market in Kazakhstan. For the first time our customers can make cashless transfers using a phone number to any Russian region any time without leaving their home and with the lowest price. You can make many banking operations via the Sberbank Online Kazakhstan mobile app, including transfers using a phone number in Kazakhstan. The feature of international money transfers using a phone number to Russia is an industry first in Kazakhstan.'