Sber Launches Crypto Payments for Business

Sberbank discussed international cryptocurrency transactions and tariffs.

Consensus

Sber has launched international cryptocurrency payments for corporate customers involved in foreign trade.
The service is available to all legal entities conducting foreign economic activity.
There is no minimum transaction amount.
The average transaction fee is 0.3%.
Automated documentation for banks and foreign exchange control is generated during transactions.
A pilot project under the supervision of the Central Bank ran from September 2024 in an experimental legal regime.
The pilot demonstrated the demand for such solutions.
The new cryptocurrency regulation in Russia has come into effect.
International cryptocurrency payments are already common in the EU, UK, Hong Kong, UAE, Iran, Japan, Turkey, and other countries.

Sber faced cyber threats with 42% of St. Petersburg residents affected. — gazeta_spb
The law on cryptocurrency legalization in Russia came into effect on September 1, 2026, and includes provisions for credit issuance against crypto collateral. — vedomosti
Non-qualified investors can purchase only the most liquid cryptocurrencies up to a 300,000 ruble annual limit. — vedomosti
Crypto exchanges can operate without being in the Central Bank's registry until July 1, 2027. — vedomosti
The law that came into effect on September 1 is titled 'On Digital Currencies and Digital Rights'. — interfax