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A new service from A7 is about to change the way international payments work.
On 13 October the Russian system A7, built by Bank PSB, will present A7 International. It enables payment of a foreign counterparty’s invoice in USDT, with the money arriving via a regular SWIFT transfer in the required currency.
The offering is aimed chiefly at companies engaged in foreign trade, yet private clients are eligible as well. The rate remains a flat 0.3 %.
Petr Fradkov and Ilan Shor will introduce the service on 13 October at 10:13 UTC.
Tune in live: