Payout options for Russia

Currency: US Dollar or Euro

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 up to one business day on the bank’s side.

Required information: 

• Cardholder’s full name
• Card number
• Expiration date

How to choose: On the My Payouts page

Comments and limitations: 

• Payouts are made to Visa, MasterСard, and Maestro credit and debit cards only.
• Payouts cannot be made to prepaid cards including Revolut cards.
• The minimum payout threshold is 10 USD or 10 EUR.
• The maximum payout amount is 2,000 EUR per transaction and 10,000 EUR per month (or the equivalent in USD).

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: 

• The minimum payout threshold is 100 rubles.
• The maximum single payout amount is:
  15,000 rubles for unverified e-wallets
  250,000 rubles for verified e-wallets

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: 

• The minimum payout threshold is 100 rubles.
• The maximum single payout amount is:
  15,000 rubles for unverified e-wallets
  60,000 rubles for verified e-wallets
  300,000 rubles for identified e-wallets
• The maximum payout amount per month is 600,000 rubles.

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:

• The minimum payout threshold is 7 USD or 18 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: The minimum payout threshold is 1,500 roubles. Smaller payouts can be made upon request at support@smartcat.ai.

Currency: Russian Ruble (RUB)

Fees: No fees until September 1, 2020 and up to 50 rubles after, 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 entrepeneur’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.ai.