UBRD Customers Can Track Contractors

28 April 2017 (10:55)

UrBC, Yekaterinburg, April 28, 2017. The Ural Bank for Reconstruction & Development’s customers can now track the publicly available data on their contractors online with the help of Indicator, a new service that comes with the UBRD’s online banking package for businesses, the bank’s press service reports.

Once you enter a company’s individual taxpayer’s number, accessible information gets automatically processed from all the government registers, the existing non-payers’ blacklists, arbitration courts’ protocols, and bankruptcy proceedings records.

Indicator looks for facts that can influence one’s decision to make a payment to a contracting party. If it turns red, this means a contractor either has stopped operating or will do so soon. Yellow light means the company is facing serious problems such as large-scale arrears of wages. Green indicates a smoothly running business. Blue stands for the contractor’s considerable success on the given market.

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