Russian banks to allow to transfer money to CIS countries by phone number

Askar Yakubov · 14:48, 26.10.2021 · Updated 23:00 · 1829 views

Tashkent, Uzbekistan (UzDaily.uz) -- Russian banks will allow to transfer money to CIS countries by phone number.

According to Izvestia, this function is now available to clients of Tinkov and Sberbanks. Next year the system is planned to be launched by Unistream, DOM.RF and MKB.

The Central Bank of the Russian Federation is developing its own similar service based on the Fast Payments System, according to Sputnik.

The banks note that this function will become popular among labor migrants in Russia.

Representatives of Sber said in an interview with the publication that transfers by phone number are already going from Russia to Azerbaijan, Armenia, Belarus, Kazakhstan, Kyrgyzstan, Moldova, Tajikistan and Uzbekistan.

Askar Yakubov

Askar Yakubov is a professional photojournalist with extensive experience in news and reportage photography. He specializes in fast-paced coverage of social, political, cultural, international, business, and community events, with a sharp eye for capturing expressive shots and conveying the atmosphere of an event under tight time constraints. His skill set spans reportage, portrait, and documentary photography, along with image editing and color correction, and preparing photo materials for media and digital platforms. He is known for his professionalism, adherence to editorial standards, and ability to work both independently and as part of a shooting team.