A vetted company from our network pays your supplier abroad under your payment order. You don't need an account abroad: you transfer roubles at your Russian bank, and the company and term are written into the agency agreement, the rate and fee into the payment order, before anything is debited.
Estimate the minimum fee
The final fee and rate are fixed in the payment order
Minimum amount: 10,000 USD or equivalent
This is a minimum, not an offer or a rate lock. The final figure depends on the country, amount and the banks involved and is fixed in the payment order.
Request a quoteYou pay from your current account at a Russian bank under an agency agreement. An agent from our pool sends the supplier the contract currency. Your books get standard documents: the agency agreement, the payment order, the agent's report and completion certificate.
The agency agreement, payment order, payment confirmation, the agent's report and completion certificate. We put them together so that your bank accepts them under the contract and your accountants close the payment without questions.
3 business days
The term runs from the moment the payment order is signed and the roubles are sent.
VEDmost does not execute the payment itself and is not tied to a single agent's channel. We select an agent from our pool, prepare the agency agreement and payment order, and monitor execution until confirmation.
Five steps from request to confirmation. Everything except the request is written into the agency agreement and payment order.
Beneficiary's country, amount, currency, the invoice and the contract or bill, your company's and the beneficiary's details. We review the request before any documents are signed.
We select a network company and a route and prepare the documents. You sign an agency agreement with that company, which sets the execution period, and a payment order: amount, exchange rate and fee. All of this before you transfer your roubles.
You transfer roubles to the network company from your account at a Russian bank. If you need a guarantee, they wait for execution in a special escrow account, for an additional fee.
The agent sends the currency to the beneficiary under this payment order. A sub-agent is engaged only with your consent. The route does not change without a payment order.
We send you the payment confirmation, and a SWIFT confirmation on request. Then the completion certificate, the agent's report and the currency control package. The deal is not closed until the currency has been sent to the beneficiary.
from 0.9%
minimum fee for paying a supplier
The final fee depends on the beneficiary's country, the amount, the bank and the route. Like the rate, it is written into the payment order before your roubles are debited. For a series of payments under one contract, we fix the terms for each payment, so you see the full cost of each part.
Tell us your rate or send us the agent's documents. We'll calculate the full cost with the FX markup and fixed charges and tell you plainly whether we can go lower.
There are three ways. The difference is what happens to the payment if something on the route closes.
The simplest in terms of documents. But the supplier's bank may not accept a payment from Russia, and your bank does not always send the required currency to the required country.
Works as long as this agent's channel works. If the route closes, the payment waits, and there is nothing to compare the terms with.
For your payment we choose an agent whose route to the supplier's country works right now, and compare the terms.
On request, we add escrow for an additional fee: the roubles wait in a special escrow account at a Russian bank until the currency has gone to the supplier. A bank letter of credit for Russian companies is not available in every country and takes longer to arrange, so payment through an agent is more common.
An import contract usually involves several payments. The agency agreement is signed once, and each payment goes under its own payment order with its own rate and fee.
before shipment, against a prepayment invoice
Payment order 1: its own rate and feeafter shipment or acceptance, against the invoice and shipping documents
Payment order 2: its own rate and feeinstallments under specifications, each under its own payment order
Payment order 3: its own rate and feeImported services are paid for the same way: work, licenses, software, maintenance, if the contract describes the service and the basis for payment.
We do not handle payments without a foreign trade basis or payments by individuals. If the contract, beneficiary or country fails our checks, we tell you before you transfer roubles and take no money.
Russian companies and sole proprietors buying goods and services abroad: from manufacturers in China, Turkey, the UAE, India, Europe and other countries.
These are frequent destinations, not a complete list. If your country is not here, send us the beneficiary's details and we'll check the route before any documents are signed.
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.
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.
No. You pay in roubles from your account at a Russian bank.
Describe the payment. We'll reply with a proposed route and terms. We name the agent in advance, and the rate and fee go into the payment order before your roubles are debited.