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10.06.2021
TRANSFERS THROUGH THE FAST PAYMENT SYSTEM WILL BECOME MORE ACCESSIBLE
The Bank of Russia informs about an increase in the limit for money transfers of citizens on accounts through the Faster Payments System up to 150 thousand roubles in a day.
As the Central Bank of the Russian Federation explains, at the moment some banks are underestimating the limits on the volume of transfers via the Faster Payments System (FPS) per day. Credit institutions will have to adjust them by June 10, 2021 inclusive.
And from April 1, 2022, FPS participants will be obliged to provide customers with the opportunity to pay for purchases and services using the FPS mobile application.
 

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