National Settlement Depository has the status of a Service Bureau for the Financial Messaging System (SPFS) of the Bank of Russia.
The service bureau service will be of interest to small and medium-sized banks in the Russian Federation, EEU banks and Russian corporations. A key benefit of the service is the reduction of the cost to customers of setting up and maintaining infrastructure.
NSD offers the SPFS corporate user experience through its proprietary technology platform, which enables fast and secure interaction between participants.
For more information on the Bank of Russia's Financial Messaging System, please visit the official website.