OREANDA-NEWS. November 09, 2010. The Bank of Moscow has introduced a new service for small and medium-sized businesses and individual entrepreneurs - self-encashment, acceptance of cash through the Bank’s ATMs and its crediting to the client’s disbursement account with the Bank of Moscow.

The service presumes automatic crediting of funds in rubles from a corporate card to the client’s disbursement account with the Bank in rubles received through the Bank’s ATMs. A maximum of 100 thousand rubles can be paid in this way per day.

The commission charged for accepting cash and crediting it to the client’s disbursement account is 0.25% of the sum involved. At the same time, the commission for depositing cash at a cash desk of the Bank is an invariable 0.3% but a minimum of 300 rubles.

"Introduction of the new service is intended primarily for our most active corporate clients, who keep up with the times", says Irina Nikitenko, Vice-President of the Bank of Moscow. "In addition to not need to actually go to the Bank, clients can save on bank charges".