About VEDmost

An international settlements broker for companies and sole proprietors from Russia. Not a bank and not a payment agent: we have our own network of executing companies.

No extra fee: the executing agent pays the broker

Who we are

We have our own network of payment companies. It is our infrastructure: we work with each company on an ongoing basis. For each payment we select the network company, the route and the terms. We prepare the agency agreement, the payment order and the currency control documents, and we monitor execution. You provide the invoice and details, and we take it from there.

In one line: the payment is built before your roubles are debited. The agent, route, fee, exchange rate and period are fixed before you transfer the money. If no lawful route can be built, we decline before the transfer rather than force the payment through.

How we differ from an ordinary payment agent

Timing and an honest rate comparison: our main commitments. The payment is executed within the period set in the agency agreement, and if you need a guarantee, the roubles wait for execution in a special escrow account. The client names their rate, and we look for a lower one.

We only promise what is written into the documents. The execution period is written into the agency agreement, the rate and fee into the payment order. The website shows only minimums; the final figures will be in the documents.

A network, not a single agent. If one agent's route closes or becomes more expensive, we look for another in the network.

Honest rate comparison. The client shows what they pay now. We calculate the all-in cost and either make a lower offer or say plainly that we can't.

Who it is for

Companies and sole proprietors from Russia with outgoing payments under foreign trade contracts for imported goods and services, and exporters who need to receive their proceeds in roubles. Not for private individuals.