Bank St. Petersburg recently implemented an electronic payment system, allowing customers to make online transactions using credit cards.
The new payment system comes into effect under the provisions of Article 9 of Federal Law No. 161-FZ, "On the national payment system," of June 27, 2011.
Under the provisions, the bank is not obliged to reimburse a customer for a credit card transaction without the consent of the client unless the client reports a disagreement with the transaction no later than the day following the receipt of notice from the bank.
Customers without internet banking services will be notified of bank card transactions on paper the day after the transaction is carried out.
Founded in 1990 in St. Petersburg, the bank is one of the 50 largest in Russia in terms of net assets. It is listed on the Moscow Exchange.
Alexander Savelyev is the chairman of the bank's management board.
- BELARUS MINISTRY OF FOREIGN AFFAIRS: Ambassador of Belarus V.Kolesnik meets the Deputy Secretary-General of ASEAN
- BANK OF GEORGIA: The Bank of Georgia has received the Global Finance Award for "Best Internet Banking for Businesses in Central and Eastern Europe"
- FIRST UKRAINIAN BANK - UKRAINE: FUIB doubled sales of OSAGO insurance policies
- CENTRAL BANK OF AZERBIJAN: On holding auctions on attracting funds by the Central Bank
- UNICREDIT - AZERBAIJAN: UniCredit launches first ETFs combining factor strategy with ESG criteria on European equities
- THE BLACK SEA TRADE AND DEVELOPMENT BANK: AIIB, EBRD and BSTDB co-finance expansion of Turkey’s largest geothermal power plant
- GOVERNMENT OF BELARUS: Lukashenko: Belarus wants to deepen economic ties with Latvia
- GOVERNMENT OF ARMENIA: Open Government Partnership Initiative Working Group Holds Meeting
- EUROPEAN INVESTMENT BANK: France: Derichebourg receives EIB financing of 130 million euros under the Juncker Plan
- INTERNATIONAL MONETARY FUND: IMF Executive Board Completes the Second Review under the Extended Credit Facility Arrangement and Approves US$25 Million Disbursement to Burkina Faso