On 9 February 2007, VTB was awarded for high quality of customer and interbank clearing in 2005: 2005 Quality Recognition Award U.S. Dollar Clearing MT 103 and 2005 Elite Quality Recognition Award U.S. Dollar Clearing MT 202. Natalia Krupnova. JPMorgan Chase Vice President presented the award.
VTB has been getting such awards for several years running, since 2000. It is a kind of evidence of VTB seamless execution of payment documents, the Bank's compliance with the applicable banking standards, and its capability to process such documents automatically.