Sber has rolled out cross-border crypto payments for Russian exporters and importers. Now, companies can send and receive international payments in digital assets through Sber, with no minimum transaction size. As of today, a new law regulating the crypto market is in effect in Russia, letting businesses use crypto for cross-border settlements with zero restrictions.
Terms and Transaction Speed
There’s no minimum amount required—this service works for everything from small transfers to massive shipments. The average transaction fee is just 0.3%. Sending crypto wallet-to-wallet takes just a few minutes, slashing the time it takes to settle international trade contracts.
Automatic Currency Control Docs
Currency control docs are generated automatically. That means less paperwork and a lighter load for companies handling cross-border payments.
Legal Background
Starting today, Russia’s new crypto regulation law is live, giving the green light for using crypto in cross-border deals with no limits. Against this backdrop, Sber’s new service gives businesses a fast, legal way to move digital assets internationally.
