Cash remittance from credit cards is an easy and convenient way, with a lack of own funds, to transfer cash to the family or make a repayment of debt under other loan.
Key advantage in making cash transfers through Alfa-Bank’s credit cards is that the credit grace period applies to the amount of transfer.
For instance, should you do not have enough money to repay debt under a loan extended to you by other bank you can transfer cash from Alfa-Bank’s credit card to other card of your bank. To do so, you just have to know the card number of the beneficiary.
Cash remittance may be performed through the use of Alfa-Bank’s website, Internet Bank «Alfa-Click», mobile bank «Alfa-Mobile» or SMS.
Cash remittance is secured by the technology 3DSecure (Verified by Visa/MasterCard Secure Code). Normally, it is enough to key in a single-use password given to you by the card issuing bank.
More information on the service «Cash Remittance Through Credit Cards», tariffs and laminations is available at www.alfabank.ru/perevod.
Founded in 1990, Alfa-Bank is a full-service bank operating in most sectors of the financial market, including retail and corporate lending, investment banking, leasing, trade and structured finance.
Alfa-Bank is Russia’s largest private bank in terms of total assets, total equity, customer accounts and loan portfolio.
According to the audited IFRS financial statements for 2012, the Alfa Banking Group, which comprises OJSC Alfa-Bank as well as its subsidiary financial companies, had total assets of $45.9 bln, gross loans of $31.8 bln, and total equity of $4.2 bln. Net profit after tax for 2012 amounted to $829 mln.
The Alfa Banking Group’s corporate and retail client base has grown considerably over the last several years: as of January 1, 2013 the Alfa Banking Group served around 82,000 corporate and 8.9 mln retail customers, while the branch network expanded to 511 offices across Russia and abroad, including a subsidiary bank in the Netherlands and financial subsidiaries in the United States, the United Kingdom and Cyprus.