News

International transfers via SWIFT and CIPS are now available to Alma Finance Bank clients

Alma Finance Bank now offers clients the ability to make international payments through SWIFT and CIPS, expanding the tools available for cross-border settlements.

These new capabilities are especially relevant for individuals and legal entities making payments to foreign partners, engaging in foreign economic activity, or working with companies in China.

SWIFT — international payments worldwide

SWIFT (Society for Worldwide Interbank Financial Telecommunication) is an international system for exchanging financial messages between banks. Using SWIFT allows international bank transfers to various countries around the world through standardized payment messages.

 

CIPS — a convenient tool for settlements with China

CIPS (Cross-Border Interbank Payment System) is an international payment system designed for cross-border settlements in Chinese yuan.

he availability of CIPS at Alma Finance Bank gives clients additional opportunities for settling accounts with Chinese companies and partners.

 

Settlements in major currencies

Alma Finance Bank carries out international settlements in major currencies, including USD, CNY, KZT, and KGS, as well as other available currencies.

Current payment options, document requirements, fees, and available currencies can be clarified with bank specialists.

 

 

International settlements — now at Alma Finance Bank

SWIFT and CIPS are now available to Alma Finance Bank clients.

The bank continues to develop its international settlement infrastructure, providing clients with modern tools for working with foreign partners and conducting cross-border payments.