Sberbank plans to launch transfers for individuals to China in the fall
The commission is planned to be set at 1%. The minimum transfer amount will be 3.5 thousand rubles. The daily limit of transfers is 300 thousand rubles, the monthly limit is 700 thousand rubles.
"Business ties with China are actively developing, the country is also interesting for tourists, so we expect that the translation service will be in demand," the press service of Sberbank noted.
Sberbank announced its intentions to open a branch in China in November last year. The branch was planned to open in addition to the already existing Sberbank representative office in the country.