{"id":13269,"date":"2019-07-09T21:30:00","date_gmt":"2019-07-09T21:30:00","guid":{"rendered":"http:\/\/bulletins.bfconsulting.com\/?p=13269"},"modified":"2019-07-09T21:30:00","modified_gmt":"2019-07-09T21:30:00","slug":"new-sberbank-service-protects-against-non-fulfillment-of-obligations","status":"publish","type":"post","link":"https:\/\/bulletins.bfconsulting.com\/en\/new-sberbank-service-protects-against-non-fulfillment-of-obligations\/","title":{"rendered":"New Sberbank service protects against non-fulfillment of obligations"},"content":{"rendered":"

Sberbank has announced a new service for corporate clients that will guarantee the fulfillment of a supplier\u2019s obligations or give a full refund. The service also works in the other direction, guaranteeing suppliers a full payment for delivered products\/services. The so-called \u2018Safe Transaction\u2019 service is integrated with Sberbank Business Online Internet Bank and is essentially an escrow transaction service for corporate internet banking. If there is a disagreement between the parties regarding the fulfillment of agreed upon products\/services, Sberbank\u2019s service team initiates an arbitration review and makes a decision in favor of one party of the other.<\/span><\/p>\n

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