Correspondent relations

The network of correspondent accounts allows Evrofinance Mosnarbank to execute domestic and international settlements quickly and efficiently. The Bank carries out settlements in Russian rubles and in all major global currencies.

Evrofinance Mosnarbank offers the following services to its correspondent banks with loro accounts:

• opening and managing of correspondent accounts for residents in Russian rubles or foreign currency;
• opening and managing correspondent accounts in Russian rubles and foreign currency for non-residents;
• placing funds into correspondent accounts and transferring them to accounts of other banks and clients with Evrofinance Mosnarbank (free of charge);
• settlements in Russian rubles and foreign currency;
• providing account balance statements (free of charge);
• paying monthly interest on balances in correspondent accounts;
• paying interest on the amount of minimum balance of the correspondent account at individual interest rates, higher than regular;
• transactions with cash foreign currency funds;
• currency conversion;
• transactions with plastic cards.

Besides, Evrofinance Mosnarbank has experience in syndicated lending and is open to respective offers from its correspondent banks:

• opening letters of credit;
• issuance of guarantees (including customs guarantees);
• collection.