Raiffeisenbank and Slavneft began cooperation through "Transit 2.0" NSD

2020: Raiffeisenbank and Slavneft began cooperation through "Transit 2.0" NSD

Raiffeisenbank and oil and gas the company "Slavneft" began cooperation on the basis of the platform for financial message exchange Transit 2.0"." National settlement depositary (NSD). Announced this MNR on June 23, 2020.

Connection to "Transit 2.0" will allow corporate clients of bank to manage accounts in the single interface, to quickly exchange finance documents: payment orders, documents of a free format and account statements.

Corporate clients can receive all financial instruments necessary for them in Raiffeisenbank. The integration solutions allowing business to perform calculations with a great number of partners from one window are simplified considerably by process of interaction with banks, managements of a large number of checking accounts, saves resources and increases reliability of transactions. We calculate that already in the nearest future Slavneft will estimate advantages of work with bank by the principle of a single window through "Transit 2.0" — Ilyina Maria, the top manager of products of department of corporate settlement products Raiffeisenbank told.

Experience of interaction of Slavneft with banks on a basis "2.0" tells Transit about real saving of time and finance. As to corporation with the developed structure of payments and checking accounts in different banks it is convenient to us in one system within one transaction to exchange documents at once with all participants. We are glad that the number of participating banks of the platform of NSD constantly grows — Timur Kudoyarov, the head of department of banking activities of Department of corporate finances, Slavneft Oil and Gas Company noted.

Connection of one more large bank signals about demand and relevance of the solution of NSD for financial institutions and corporations. Scaling of the platform increases that positive effect which is put in the idea of the Transit 2.0 project — to optimize settlement and payment processes — Alexander Nam, the managing director for technology services of NSD summed up.