Questions about payments through a payment agent

A company of our own network, under an agency agreement with you. It is not an agent from the open market: we work with it on an ongoing basis and see your payment through to execution. A sub-agent only with your consent, if the beneficiary's bank accepts payment only from a specific payer. You know before the deal starts who sends the currency: the agent or a sub-agent you have agreed to.

With a network company under the agency agreement: it pays the beneficiary within the period set in the agreement. If you need a guarantee, the roubles wait for execution in a special escrow account at a Russian bank; this is on request and for an additional fee.

No. You pay in roubles from your account at a Russian bank.

It shows the minimum fee. The final rate depends on the country, amount, beneficiary's bank and route. We fix it in the payment order before the deal starts.

We fix the rate in the payment order together with the fee before the deal starts.

Yes, if the subject of the payment, the country or the beneficiary does not pass our checks. We tell you before the deal starts and charge nothing.

3 business days; the period is written into the agency agreement. For supplier payments the period runs from the moment the payment order is signed and the roubles are sent; for exporters, from the moment the currency reaches the agent.

Once the payment is sent, we send you the payment confirmation, and a SWIFT confirmation on request.

The invoice, the contract or bill, the beneficiary's details and your company details sheet.

Only with a company of our network: an agency agreement, and the company is fixed before your roubles are debited. You sign no agreement with VEDmost: we select the company and prepare the documents, and you sign them with that company. We don't publish its name on the website; you learn it before you pay.

Escrow is a special account at a Russian bank where the roubles wait for the payment to be executed. A surety is a large exporter's obligation for the agent. Both are added on request and can be combined.

The rate depends on the country, amount, beneficiary's bank and route. The website shows the minimum fee; the final rate is in the payment order.

Yes. Calculate your all-in rate on the “Compare your rate” page and send us your current agent's documents.

No: our clients are only companies and sole proprietors with payments under foreign trade contracts. Payouts to individuals abroad on behalf of a company are discussed case by case.

To any country, provided a lawful route can be built and the payment passes our checks. Frequent destinations are listed on the “Payment destinations” page; the list is not exhaustive.

What we do in that case is set out in the agency agreement. Under the escrow scheme, the roubles wait in a special account at a Russian bank the whole time.