Home News & events Press Releases 2015 Credit Ural Bank enables online transfers using a mobile phone number


Credit UralCredit Ural Bank enables online transfers using a mobile phone number

Credit Ural Bank has introduced a new money transfer service that allows users of its ‘CUB Direct’ Internet banking system to make and receive payments using only a mobile phone number. This new functionality, implemented using TranzWare from Compass Plus, will both simplify and speed up the money transfer process.

To make a transfer the sender will require no more than the recipient’s mobile phone number, meaning that full bank account details do not need to be shared. The user simply selects ‘Transfers’, ‘Fast Transfers’ and then ‘By Phone Number’, where there will be the option to enter the recipients’ mobile phone number. Once entered, the user will be prompted to enter the amount of money they wish to transfer before completing the action. The utilisation of this new technology will make sending money securely to friends, family or even small business much faster and easier.


About Credit Ural Bank:

Credit Ural Bank provides commercial banking services including loans, fixed deposits and saving accounts to individuals, cash and settlement services and attracting individual deposits. The bank consistently runs among Russia’s top 100 banks and by indicators such as assets, equity, total loans the bank ranks second among the regions standalone banks.




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