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B&N BANK (Joint-Stock Company) offers the “Standing Order” service for its clients

Now you can instruct the bank to transfer money at a certain frequency form your card account, current accounts and term deposits for a particular amount, on a certain date and at intervals.

The “Standing Order” service saves time and money if you wish to pay for your education, taxes, mobile communications, send money to relatives or make other regular payments.

With the help of this service you can:

  • Repay loans taken at B&N BANK or any other Russian bank;
  • Replenish deposits opened with B&N BANK or any other Russian bank;
  • Transfer money in rubles to legal or physical entities’ accounts opened with any bank in the Russian Federation (for example, pay your utility bills, mobile communication, satellite TV, etc.)*.

* The service is provided to residents of the Russian Federation only.

How to connect to the “Standing Order” service

In order to use the “Standing Order” service you have to fill in only one application form at a B&N BANK office to transfer the money to other bank accounts. Bank transfers are made in rubles, USD and Euro. The “Periodic payments from current accounts and deposits (Standing Orders)” service is connected free of charge.

The bank can make regular operations on a daily, weekly or monthly basis on days stated by the client. Depending on a client’s request, payments are made as fixed amounts, as the total balance on account as of the payment date, as the amount above the balance on account specified by the client or any percentage of the amount received on the operating day.

A client can cancel the standing order at a Bank office by writing an application of an optional form to cancel the earlier submitted application to transfer money from a current account to accounts with other banks.

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