Financial Institutions

Solutions for banks and financial organisations

Preventing money laundering and the financing of terrorism

VTB’s anti money laundering and counter terrorist financing policy (AML/CTF) is developed in line with Federal Law No.115-FL dated 07.08.2001 "Measures to Combat Money Laundering and the Financing of Terrorism" and Bank of Russia recommendations.

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Information for Financial Institutions:

VTB Bank (PJSC) is registered with the U.S. Internal Revenue Service in order to be compliant with Foreign Account Tax Compliance Act (FATCA). VTB Bank (PJSC) Global Intermediary Identification Number (GIIN) is 3FZXN5.00000.LE.643.

Fee and commission rates for financial institutions

VTB Bank fee and commission policy outline

VTB’s fee and commission policy is part of its larger pricing policy along with its interest policy. It is aimed at:

  • strengthening the bank’s competitive position on the market in line with its strategic priorities and current goals;
  • creating a comfortable environment for our clients’ interaction with the bank;
  • increasing the efficiency of the bank’s operation.

VTB’s bank fee and commission policy envisages the following types of bank service fee and commission plans: the basic plan (available in all bank branches and offices), regional plans (available in specific regions) and individual plans (available to specific clients). The list of service fees and commissions applicable under the basic and regional plans can be found in the regional Fees and Commissions Book. This page links to the Fees and Commissions Book for Moscow and the Moscow Region. For information on fees and commissions applicable in other regions, please inquire at your regional VTB branch or local office.

Recommended banks for payments in foreign currency

VTB places a strong emphasis on strengthening business relations with financial institutions. We offer financial institutions a broad range of services, including liquidity management, trade and structured financing, depository services and investment products.

VTB’s correspondent network includes over 2,000 credit institutions from 110 countries. The Bank has an extensive presence in Europe, the CIS, Asia and Africa. This position allows us to offer financial institutions a wide variety of standardized and structured products and services.

Taking advantage of its large branch network and capabilities of the Group’s member banks, VTB annually carries out over 1,500 trade finance transactions on the instructions of its corporate customers and financial institutions.

VTB Bank has been repeatedly ranked best bank for trade finance by major international media outlets, including:

— 2015 — Best Bank in Russia and the CIS, by Global Trade Review;
— 2016 and 2017 — Best Bank in Russia, by Global Finance;
— 2016 — Best Bank in Russia and the CIS, by Trade & Forfaiting Review;
— 2016 — Best Bank in Russia, by International Finance Magazine;
— 2016 — Best Bank in Central Europe and Eastern Europe, by Global Trade Review.