Centralized control of payment transactions

Raiffeisen Bank Aval offers a new exclusive service — a system for centralized control of payment transactions, developed for enterprises with one or more locations (both branches and independent legal entities).

The payment transaction centralized control system — is a system for forwarding all payment documents to an enterprise's Head Office from its branches via Raiffeisen Bank Aval's branch network. The aim is expediency and timeliness, as well as compliance of out-going payment documents with the enterprise's corporate standards. Payment is then made (or rejected) by the Bank's relevant division.

The centralized system users:

Control and confirm all out-going payment documents (or a random selection thereof) from their locations;

Optimize their cash flows;

Reduce expenditures.

Additional services:

Raiffeisen Bank Aval offers users of its system of centralized control of payment transactions:

The issue of a consolidated statement of the accounts of the enterprise's structural divisions to its Head Office, which guarantees the analysis of out-going payment documents and earnings in all of the enterprise's structural divisions;

Specified purpose of payment, which allows the analysis of various entries in all structural divisions.

The payment transaction centralized control system operates via the Client-Bank channels; the Bank installs relevant software free of charge.

Useful links

Core Perfomances of the Bank*

billion UAH
as at 30 June 2010
Paid-in capital	3,0
Equity capital	6,43
Assets	53,98

* in compliance with the Ukrainian accounting standards and NBU’s requirements

Exchange rates *

	Buy	Sell	NBU
$	7.880	7.920	7.886100
€	9.950	10.330	10.094208
Р~~уб.~~	0.249	0.259	0.256040

* update at 02.09.2010

$/€	0.7812
€/$	1.2800

Repayment of currency loans via self-service centers

USD	7.9200
EUR	10.2000