Payout options for Russia

Currently unavailable

Currency: Russian Ruble (RUB)

Fees: 4%, unless you and the customer have agreed otherwise. You can check the list of the companies that reimburse your fees on the My Payouts page (click on the button "Learn more" on your payout method).

Processing time: Immediately. Keep in mind that it may take Smartcat up to 5 business days to process the payment before it will be transferred to you

How to choose: On the My Payouts page

Comments and limitations: 

Smartcat allows you to specify the minimum amount of payout you would like to obtain. For details, refer to this article.

• The minimum payout amount is 1 ruble.
• The maximum single payout amount is:
  15,000 rubles for unverified e-wallets
  100,000 rubles for verified e-wallets

Currency: US Dollar or Euro

Fees: No additional Smartcat fees apply. Payoneer fees still apply.

Processing time: Payouts can take up to five business days to process on Smartcat’s side and up to one business day on Payoneer’s side.

How to choose: On the My Payouts page

Comments and limitations:

Smartcat allows you to specify the minimum amount of payout you would like to obtain. For details, refer to this article.

• The minimum payout amount is 10 USD or 10 EUR

Currency: Russian Ruble (RUB)

Fees: 50 RUB, unless you and the customer have agreed otherwise. You can check the list of the companies that reimburse your fees on the My Payouts page (click on the button "Learn more" on your payout method).

Processing time: Payouts can take up to five business days to process before being credited to your bank account.

Required information: 

• Full name
• Tax Identification Number
• Region
• City
• Bank name and BIC/SWIFT code
• Bank account number
• Postal address (including postal code)

How to choose: On the My Payouts page

Comments and limitations:

Smartcat allows you to specify the minimum amount of payout you would like to obtain. For details, refer to this article.

• The minimum payout amount is 100 rubles.

Currency: Russian Ruble (RUB)

Fees: 50 rubles, unless you and the customer have agreed otherwise. You can check the list of the companies that reimburse your fees on the My Payouts page (click on the button "Learn more" on your payout method).

Processing time: Payouts can take up to five business days to process on Smartcat’s side and up to one business day on the bank’s side.

Required information: 

• Individual entrepreneur’s registered name
• OGRNIP (Primary State Registration Number of an Individual Entrepreneur)
• INN (Individual Taxpayer Number)
• Individual entrepreneur’s registration address
• Bank name and BIC/SWIFT code
• Individual entrepreneur's account number
• Bank name and BIC
• Branch city
• Correspondent bank account

How to choose: On the My Payouts page

Agreement parties:  All settlements are made between an Individual Entrepreneur and Smartcat Europe BV. An Individual Entrepreneur must issue invoices to Smartcat Europe BV. That is, if an Individual Entrepreneur needs to receive an invoice, the entrepreneur should send a request to support@smartcat.com.

Currency: Russian Ruble (RUB)

Fees: 4%, unless you and the customer have agreed otherwise. You can check the list of the companies that reimburse your fees on the My Payouts page (click on the button "Learn more" on your payout method).

Processing time: Payouts can take up to five business days to process on Smartcat’s side and within minutes on the bank’s side.

Limitations:

• The minimum payout threshold is 1 RUB
• The maximum payout threshold is 600,000 RUB
• The maximum payout amount per month per beneficiary is 600,000 RUB (Your bank may set additional limits on the amount of payments according to the internal risk management policy).

Smartcat allows you to customize the minimum payout amount yourself. For details, refer to this article.

Required information: 

• Phone number
• First name
• Last name
• Patronymic
• Bank name

How to choose:

1. Navigate to the My Payouts page
2. Select Bank card in RUB (by phone number)
3. Enter the requested data
4. Click Save
5. Wait for validation to complete. If an attempt to save results in an error that sending a payment to the specified details is not available, check that your card is connected to the FPS. Instructions for connecting the card to the FPS for different banks can be found below.

Connecting a card to the Faster Payments System

The list of banks connected to the Faster Payments System, as well as other useful information about the FPS, can be found on the official FPS website.

Sberbank

1. Open the Sberbank Online app
2. Navigate to your profile → Settings → Faster Payments System
3. Click Connect in the Incoming transfers field (if the button already appears as Disconnect, no action is required; this means that the FPS is already connected).

Tinkoff Bank

1. Open the Tinkoff Bank app
2. Select More from the menu at the bottom of the page
3. Go to Contacts and transfers
4. Toggle on the Faster Payments System switch
5. Click Connect on the page that opens
6. Confirm the connection by entering the code sent to your phone

Rosbank

1. Log in to the ROSBANK Online app
2. On the main screen, go to Profile → Faster Payments System → Receive incoming transfers and Favorite bank to receive transfers to the Rosbank card.

Raiffeisen Bank

1. Download the Raiffeisen-Online Bank Russia mobile app
2. Log in to your personal account and open the More tab at the bottom of the screen
3. Scroll down the menu and find the item Transfers by phone number
4. Toggle on the Send and receive money by phone number switch and tap Save at the bottom of the screen.

MTS Bank

1. Open the MTS Bank app on your iPhone or Android phone
2. Log in to your personal account and open the More tab at the bottom of the screen
3. Scroll down the menu and find the item Transfers by phone number
4. Toggle on the Accept transfers to FPS switch.

Gazprombank

Connection to the Faster Payments System is made in the client's personal account. The action can be performed on the main page of the financial institution's website or using the Telecard 2.0 application. To log in to the account, a phone number and password are required.

Other banks

Check the settings in your banking app. If necessary, contact your bank support.