It is reported by RIA Novosti.

“We propose to introduce an additional option in the operation of the Fast Payment System (FPS) — unlimited and free transfers for individuals between their accounts in different credit institutions,” Nilov said in a letter to the head of the Central Bank of Russia, Elvira Nabiullina.

He expressed hope that this measure will increase the confidence of citizens in the financial system of Russia.

“At the same time, all current limits on transfers without commission between accounts of different individuals can be preserved,” Nilov noted.

Earlier, the Ministry of Economic Development reported that the Russian government would compensate businesses up to 1.3 billion rubles for using the fast payment system (FPS) in 2022. 

Director of the Higher School of Finance of the Russian Economic University named after G.V.

Plekhanov, Konstantin Ordov, in an interview with the Economics Today, gave advice on choosing investment instruments.