The service is available to Citibank debit and credit card holders.
With IPS, one can make a RUB payment to an account with an IPS-participating Russian bank using the payee’s phone number.
It is also possible to make a transfer between the accounts of two Citibank customers (intra-bank transfers are not made through the Instant Payment Service (IPS) and incur no fee).
Important! As Russian currency control regulations require the provision of additional supporting documents, outgoing transfers from residents to non-residents, and incoming transfers from non-residents to residents, cannot be processed.