The Central Bank of the Russian Federation canceled commissions for banks on transfers made using the Fast Payment System

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The Central Bank of Russia has decided to permanently abolish commissions for banks on transfers between citizens in the Fast Payments System (FPS). This has been reported Web site regulator

The Central Bank reminded that SBP has a grace period for banks until July 1, 2024, during which they do not pay commission to the regulator for transfers between citizens.

“The regulator has decided to impose zero tariffs for these transactions without any expiry date,” the statement said.

Natalya Demidova, previously an expert in the Payment Systems and Payments Department of the State Administration of the Central Bank of Russia for the Central Federal District reportedRussians will be able to save on payments if they make purchases with a QR code through the Fast Payment System (FPS). He reminded that regular transfers can often attract commission.

Agency “Prime”, which previously referred to the manager of technological projects of NSPK Nikita Chukhachev reportedRussians will have the opportunity to pay taxes and duties through SBP using payment links. According to him, NSPK, together with the Treasury and the Central Bank, is developing a solution for the settlement of C2G payments, that is, payments between citizens and government institutions.

Previously at the Central Bank in the name Risk of transferring money to unfriendly countries.

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