Markswebb: UBRD Among Most Business-Friendly Banks

10 April 2019 (09:09)

UrBC, Yekaterinburg, April 10, 2019. The Ural Bank for Reconstruction & Development (UBRD) was once again featured at the top of the rating of banks with best settlement service terms for businesses operating in Moscow and Saint Petersburg, Markswebb’s research findings for the first quarter of the year indicate.

‘The UBRD’s Business Class 12 Package proved to be the best offer on the market. The annual fee covers unlimited payment-to-contractor transactions and employee salary payments, 16% commission on acquiring services, mobile banking, and text message notifications on every change in the account balance. Besides, paying 100% up front ends up being nearly twice less expensive than paying in installments throughout the year,’ the bank’s press service says.

Business Class 12 Package also secured the bank the second position in the rating of best annual service fees for wholesalers buying their goods abroad and the third position in the B2B rating.

The UBRD’s Promo Package proved the best settlement service offer for freelance entrepreneurs. Under the terms of the package, there’s no fee for opening a settlement account, no monthly service fee, and no commission for either interbank payments/fiscal/budget transactions or online banking services. The only commission the bank takes is for transactions involving other banks.


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