OREANDA-NEWS. May 25, 2010. In May 2010 SB Bank received the Citibank Quality Recognition Award for the high quality of the USD payment processing services. The award acknowledges that the number of STP payments based on the two-year period results has exceeded 99%. It is noteworthy that this award is not the first one received by SB Bank for its high-quality payment processing services. Outstanding settlement services have been at various times noted by Deutsche Bank’s awards.

Presently SB Bank offers a comprehensive range of international settlement services in all major world currencies. The Bank maintains a well-developed network of direct correspondent accounts. Among the Bank’s correspondents are Deutsche Bank Trust Company Americas, Citibank N.A., Commerzbank AG, National Bank of Canada, Credit Suisse, Danske Bank A/S, Bank of Tokyo-Mitsubishi UFJ., KBC Bank NV., Raiffeisen Zentralbank Osterreich AG, Standard Chartered Bank, UniCredit Bank and others.