Dear Clients,

VTB Bank (PJSC) Shanghai Branch postpones the implementation of updated Tariff book for Corporate clients from March 1, 2021 to April 1, 2021.

The following tariffs will be updated:

• Fee for certification of signatures and documents for account opening, in case bank employees are going to client’s office, is implemented.
• Account maintenance fee for EUR accounts is charged separately from other current accounts.
• New tariff for cross-border payments is implemented.
• Free of charge payments within same city in CNY transaction is cancelled.
• The process of fee deduction for Remote Banking System (RBS) is changed:
  1. RBS key issuance is changed at the date of receiving the application for RBS;
  2. RBS service fee is charged in the month end regardless the quantity of days.

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VTB Bank (PJSC) Shanghai Branch has updated the Tariff book for Corporate clients