OREANDA-NEWS. The Bank of Moscow continues provision of MasterCard and VISA card processing services for its partner banks.

As of April 1, 2014, the following banks transferred processing to the Bank of Moscow:

JSCB VPB (CJSC);
APB Solidarnost (CJSC);
CB Novopokrovsky LLC;
JSCB PROMINVESTBANK OJSC;
UCB Novobank OJSC, Veliky Novgorod.
“Our new partners get a reliable premium quality processing service through the Bank of Moscow, an extensive network of ATMs of VTB Group (more than 11,000 ATMs), as well as guaranteed and reliable settlements with state-owned credit institutions. In addition, our processing centres also ensure that cards are handled in a safe and convenient manner,” said Alexander Yashnik, Senior VP and Director of the Department for Financial Institutions and Trade Financing.

Currently, work is under way to integrate with the processing facilities of the Bank of Moscow with those of five other banks.