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The first pilot model of modern cashpoint dispensers appeared before World War II in New York. Soon after, in 1967, the first cash dispenser, or automatic teller machine, appeared in London at a Barclays bank branch. And while some were skeptical and for some time even unwilling to receive their money through a machine, today there are over 1.5 million ATM machines installed all over the world.

Main / Financial Institutions /

Correspondent relations

The main goal of Russian International Bank in the sphere of correspondent relations is reliability of settlements.

The correspondent network of Russian International Bank includes such first-class banks as Deutsche Bank Trust Company Americal, NY, Deutsche Bank AG, Frankfurt, Frankfurt am Main, Unicredit Bank AG (Bayerische Hypo- und Vereinsbank AG), Unicredit Bank AG Austria and others. All payment orders in Russian Rubles are processed only by the settlement and cash netword of the Bank of Russia.Russian International Bank opens LORO accounts in Russian Rubles, US dollars and Euro  and provides financial institutions with the following services:

·  free opening/closing and servicing the accounts;

·  free issuing of accounts’ statements;

·  free messages on funds crediting;

·  individual approach;

·  competitive terms of international settlements;

Russian International Bank executes payment orders under the current banking day on condition that:

·  internal payments (payment order received till 5:00 p.m. Moscow time);

· external payments in favor of Moscow and Moscow region banks and interregional electronic transfers (payment order received till 4:00 p.m. Moscow time).

Contacts

Tel: +7(495) 782-0366 Settlement Departmentext. 350, 351, 354.