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19 September 2023

Raiffeisen Bank awarded by the German Commerzbank AG for the high quality of payments

The Ukrainian Raiffeisen Bank was awarded for the high quality of payments by Commerzbank AG, one of the largest German banks, which is in TOP-50 of the world’s banks in terms of assets volume.

In particular, Raif received STP Award for the highest quality of STP (Straight-Through Processing), the processing of commercial and interbank payments in 2022.

Сommerzbank AG annually grants STP Award to its partners, international banking institutions that demonstrated top quality of international settlements and payment documents’ compliance with the International Banking Standards.

The award is evidence of payment processing excellence, high working standards, enabling automatic and fast processing of SWIFT transfers and customers’ requests at international level. The award is also recognition of the professionalism of Raif’s team, which ensures reliable customer servicing 24/7 even during war time.