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Tinkoff suspends SWIFT transfers in euro — bank

Tinkoff Bank is the online bank without offices

MOSCOW, May 6. /TASS/. Tinkoff Bank has temporarily suspended SWIFT transfers in euro due to greater time of their processing. The bank recommends clients to make SWIFT transfers in other currencies, the credit institution’s press service told TASS.

"We do not perform SWIFT transfers in euro temporarily because of longer processing time. Tinkoff clients can make SWIFT transfers in other currencies," the press service said.

Tinkoff Bank is the online bank without offices. The credit institution is the member of the TCS Group. The bank ranks 12th among Russian credit institutions in terms of the assets value.

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