The Central Bank has prepared a project to increase the limit of transfers in the Fast Payments System

This was reported on the website of the Bank of Russia.

It is noted that banks need to adjust their transfer limits until October 1, 2021.

The Central Bank explained that "this will increase the availability of transfers through the SBP for citizens."

Also, the Bank of Russia reported that from April 1, 2022, system participants "must provide customers with the opportunity to pay for purchases and services using the mobile application SBP (SBPay) developed by the NSPK." 

Earlier, lawyer Eduard Bugrov, managing partner of the investment holding, told in an interview with FAN how to get the money back in case of a translation error.