Irkutsk
Ulan-Ude

Blagoveshchensk
Chita
Yakutsk

Birobidzhan
Vladivostok
Khabarovsk

Magadan
Yuzhno-Sakhalinsk

Anadyr
Petropavlovsk-
Kamchatsky
Moscow

This text is translated into Russian by google automatic human level neural machine.
EastRussia is not responsible for any mistakes in the translated text. Sorry for the inconvinience.
Please refer to the text in Russian as a source.

VTB launches digital ecosystem for international business

VTB launches digital ecosystem for international business
Photo: pixabay.com

VTB has implemented a unique ecosystem of digital products and online services for doing business with foreign partners on a turnkey basis. The solution can be used in the new VTB Business Internet Bank for free, without restrictions, additional settings and connections.

The ecosystem of VTB's foreign economic activity is a personal account of an international business participant with seamless access to the new VTB Business Internet bank. It has built-in classic products and services - currency control, international settlements, real-time quotes. Also, in the FEA ecosystem, new digital solutions are available to clients: examination of international contracts, monitoring of FEA events, customs services and others.

The solution is based on the company's international contracts. The intuitive interface of your personal account allows you to create a transaction card for your contract in a few clicks, upload commercial documents, generate and send a payment and everything necessary for currency control, credit currency earnings, register a contract or provide a supporting document. Most of the data is filled in automatically, and the system of "smart fields" and prompts helps to avoid errors. All information on transactions is available to entrepreneurs around the clock.

“Russian entrepreneurs today have high potential and great opportunities to work in the global market. At the same time, business owners often have to seek advice from various specialized experts or hire individual specialists. We set ourselves the task of ensuring that clients without special training can get the set of digital products and services they need for doing international business. To do this, we are launching a solution that is unique on the market, which in the “one window” mode combines all the functionality for working with foreign partners. The FEA ecosystem combines financial, consulting and service aspects, saves time, effort and costs for novice exporters and importers, as well as optimizes business processes for companies that have been operating in foreign markets for a long time, ”said Denis Bortnikov, Deputy President and Chairman of VTB Management Board ...

“Implementation of the digital ecosystem of foreign economic activity for entrepreneurs on a new omnichannel platform developed as part of VTB's technological transformation is designed to ensure the availability and convenience of financial services for legal entities participating in foreign economic activity. The high requirements for the performance and fault tolerance of the new platform make it possible to implement high-quality FEA services that are reliable and provide a positive user experience. Microservice architecture allows you to quickly respond to changes in customer needs and promptly launch new services, including within the framework of the foreign economic activity ecosystem, ”stressed Vadim Kulik, Deputy President and Chairman of the VTB Management Board.

In the personal account, a number of online assistants are implemented that will simplify and speed up the work of foreign economic activity participants: SWIFT confirmation for a foreign partner, pickers of IBAN numbers and currency transactions codes, round-the-clock quotes at market rates in real time, the "Order" option for automatic execution by the bank of transactions for the purchase or sale of currency at the rate specified by the client within 30 days. The calendar in your personal account will remind you of the deadlines for the contract, the receipt of customs declarations, proceeds and other important events.

The list of digital services and solutions of the ecosystem will be constantly expanding. In the near future, an online order for the verification service of foreign partners from China and the CIS countries and a new line of solutions for customs escort with the participation of the bank will appear in it.

Details on Online Bank.

November 27: current information on coronavirus in the Far East
Digest of regional events and latest statistics