VTB — RKO is VTB Bank’s dedicated cash‑settlement service for Russian businesses. It pairs nationwide branch and cash logistics coverage with tailored current‑account packages, corporate cards and an integrated digital platform for payroll, payments and day‑to‑day treasury operations.
Founded1990
HeadquartersMoscow, Russia
Price tier$$
Main focusBusiness accounts & RKO services
Why VTB
Top reasons businesses choose VTB's RKO.
01Nationwide operational reachExtensive branch and ATM footprint across Russia, combined with cash‑in/cash‑out logistics to support both retail and corporate cash flows.
02Tailored RKO packagesDedicated corporate current accounts, multi‑currency settlement and payroll solutions designed for SMEs and large enterprises with negotiable fee structures.
03Integrated digital platformVTB’s online business banking enables payments, reconciliation and account management with API and accounting integrations for streamlined treasury operations.
01
Current Accounts & Settlements
VTB’s RKO offering centers on corporate current accounts with payment processing, multi‑currency options and automated reconciliation. Businesses access statements, bulk payroll and intercompany transfers via the VTB Business online platform, while relationship managers assist with onboarding, KYC and tailored fee arrangements.
02
Cash Management & POS Services
For merchants and corporates, VTB provides merchant acquiring, POS terminal integration and cash‑logistics services including armored transport and cash processing. Combined with merchant settlement and acquiring tariffs, these services support in‑store and online payment acceptance across Russia.
Offerings
Business current accountsCorporate cardsPayroll servicesMerchant acquiring (POS)Cash management & logisticsForeign currency accountsSME lending & creditOnline business banking
Verdict
What we like
- Large Russian branch and ATM network for cash operations
- Comprehensive RKO packages tailored to SMEs and corporates
- Robust digital platform with reconciliation and bulk payments
- Experienced corporate relationship managers and onboarding support
Worth knowing
- Services primarily focused on the Russian market
- International access and correspondent relationships may be limited for some clients
- Fees and terms often negotiated case‑by‑case, which can be complex
FAQ
How long does it take to open an RKO account?
Timing depends on client size and documentation. Small businesses can often complete opening in a few business days after submitting paperwork; larger corporates require extended KYC and may take longer.
How are corporate cards issued and delivered?
Corporate and employee cards are issued through your relationship manager; delivery options typically include branch pickup or postal delivery, timing depends on service area and card personalization.
Are there discounted fees or bundled packages for SMEs?
Yes — VTB offers packaged RKO tariffs and negotiated discounts for SME and volume clients. Discuss bundled services (accounts, payroll, acquiring) with your relationship manager for tailored pricing.
