OREANDA-NEWS. December 10, 2012. On November 27, 2012, Finance and Credit Bank launched the automated payment service for business entities banking with it.

This service allows customers to make regular recurring transfers of a pre-defined amount from their current accounts to the specified payment details of recipients.

The new service enables the Bank's customers to automate their regular recurring payments relating to their business activity: transfers to deposit and current accounts, payment for services and goods, payment of rentals, payment for utility services, mobile communication, etc.
The Customer can opt for the most convenient automated payments scheme:
• fixed amount; 
• 100% of the account balance;
• 100% of over the pre-set minimum account balance.

Benefits for the Customer:
   
• reduction of operating risks as the payment details are pre-defined and verified;
• fast settlements with partner companies;
• guaranteed transfers of important regular payments;
• reduction of the documentation flow;
• mitigation of late payment penalty risks;
• possibility to choose the time and the scheme for payments to be made.