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01.03.2010
Moscow, 1 March. The Russian Regional Development Bank offers to its older costumers a modern and convenient way of saving by way of its pension bank cards. RRDB pension cards have been developed for customers to get money from the Pension Fund of Russia. Every month the Bank accrues a high interest of 5% per annum on pension savings accounts. VISA Electron cards are issued free of charge to the holders of pension certificates. RRDB pension cardholders do not need to waste time every month queuing at post offices or banks to get their pension as they have round-the-clock access to their money regardless of the bank opening hours. When money is needed quickly, this is also a very convenient way as cash can be withdrawn from RRDB ATMs without paying any commissions. Using RRDB pension cards is very convenient and fast and this particularly appeals to working pensioners. Modern technologies allow providing flexible and efficient services. With a passport and pension certificate it is possible to apply for a pension card in any RRDB branches. A card will be issued after an application for transfer of pension to RRDB account is filed with the Pension Fund. As soon as a customer’s pension is credited onto his/her account, the customer is notified of this transfer on his/her mobile phone. This notification service is provided free of charge. SMS-Informing allows pension cardholders to monitor their savings and movement on their accounts. In addition to the features abovementioned, pension cards also have all the advantages offered by RRDB bank cards. These new cards were developed as part of RRDB comprehensive program for individuals of retirement age and allow managing personal finances in a convenient way. The following products are offered to the older generation: current account for transfer of pensions from the Pension Fund, special deposit “Pension Line”, and additional bonus for pensioners when they open a deposit “Right-2”. This program aims to provide more flexible service to older customers and particular attention and care to their savings. With its partner on the market of asset management, the Management Company Portfolio Investments, RRDB is also developing programs for asset management of pension savings |
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