Payments in Russian Rubles to any recipient bank are completed as international payments, using Citadele’s Russian Ruble correspondent bank. Payments in Russian Rubles must be made in accordance with the requirements of the Central Bank of the Russian Federation as follows:
The recipient’s 9-digit KPP code must also be entered, if known. The KPP code must be entered for budgetary payments. KPP codes are issued to Russian Federation taxpayers and will be indicated in the invoice received from business partners in the Russian Federation.
The payment must then include a clear, precise payment purpose: invoice or contract number and date, NDS (VAT) amount. If a service or product is non-taxable, the payment purpose must be “NO NDS”.
When entering information in “Payment details”, bear in mind that the total number of symbols allowed is 140. When calculating the number of symbols, bear in mind that each group of consecutive Latin symbols is placed within quotation marks, which increases the total number of symbols. For example,
VO70030 KBK39220106040066000180 OKTMO45384000 VYPLATA PENSII 2018 SOGLASNO DOG.OT 18122007 KPP770601001 BEZ NDS S06 (Total symbols: 116)
When making a budgetary payment in Russian Rubles to Russia, several additional conditions apply.