Vostochny Bank chooses SOLAR to join the SBP service

Vostochny Bank chooses SOLAR to join the SBP service

Represented in 64 regions, Vostochny Bank is one of the largest banks in Russia and is continuing to expand its branch network. Vostochny Bank’s development strategy prioritizes the provision of high-quality financial services to residents of both large cities and small towns.

The bank joined the national Faster Payments System by implementing the SOLAR Rapid Transfer platform. Now customers can transfer money by simply specifying the recipient's phone number, and the transaction is processed in real time.

SOLAR Rapid Transfer seamlessly integrates into the environment, is easily scalable, and is fully compliant with NSPC requirements. The solution allows users to set the recipient's default bank, perform reconciling transactions, and calculate commissions and limits.

SOLAR RAPID TRANSFER HELPS BANKS TO EXPAND THEIR RANGE OF SERVICES, FOLLOW MARKET TRENDS, AND OFFER CUSTOMERS A CONVENIENT WAY TO TRANSFER MONEY