Belarusbank has added Euro STP Excellence Award certificate issued by KBC Bank NV, Brussels to its collection of prizes received from correspondent banks. It was the first time that the Belgian bank praised Belarusbank’s high quality of formatting international payments.
The award presented by KBC Bank NV, Brussels confirmed the fact that Belarusbank achieved the 100% STP rate (the degree of automation of payment processes), with manual intervention completely eliminated. That was the result of the bank’s continuous commitment to improve the efficiency of international settlements, which enabled the bank to reach the top standards of operational activities.
Previously Belarusbank received similar awards from the world’s financial leaders, such as Deutsche Bank AG, Standard Chartered Bank, VTB Bank (Deutchland), Raiffeisen Bank International AG, Commerzbank AG.
Belarusbank will continue to improve the efficiency of international transfer of funds, making it as fast and seamless as possible, to minimize the operating costs of its clients and guarantee them the best suiting service conditions.
Belarusbank press service