News
16  March  2010
Changes made in rules governing ‘Business’ deposit account transactions

Effective April 1, 2010, Obibank has added section 5.3. to the section called “Transactions related to the ‘Business’ deposit account” with regard to Obibank’s rates on the servicing of current and deposit accounts of individuals in Russian rubles and foreign currency as well as payment processing for individuals without opening a bank account.
Now, cash transfers or withdrawals in rubles or foreign currency from a ‘Business’ account are free of charge up to the amount previously transferred by the customer on a cashless basis from another ‘Business’ account, provided that the funds in the source account had been there for at least fourteen calendar days.
The rate changes can be seen in the Payment processing section.

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