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Sberbank API. Letters of credit

Product
Developers: Sberbank
Date of the premiere of the system: spring 2019
Branches: Internet services,  Financial services, investments and auditing

Sberbank API«. Letters of Credit "allows legal entities to automatically transfer data to form applications for opening a letter of credit in. banking systems

2019: Service Launch

In the spring of 2019, Sberbank, one of the players in the letter of credit market in Russia, introduced the Sberbank API service. Letters of credit. " In two months, bank customers opened the first 100 letters of credit for a total of 500 million rubles.

A partner of Sberbank (developer, realtor, real estate agency, notary, car dealer, marketplace), in whose favor an individual opens a letter of credit, can independently form an application for opening a letter of credit in his system. Online, this application is received by Sberbank, after which the individual can only sign it in any office of the bank.