VTB expands self-restriction service for outgoing transfers to protect against fraudsters

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AK&M 13 November 2025 15:24

VTB is expanding its self-restriction service, which can be installed as a preventive protection against fraudsters. This is stated in the message of the bank.

Customers who do not use cross-border transfers, transfers across Russia using card details and numbers, and other types of outgoing transfers will be able to block them and thereby prevent fraudsters from withdrawing money.

VTB has previously introduced self-restriction functionality for online issuance of consumer loans and car loans in cash, early withdrawal of money from online deposits, as well as withdrawals from ATMs using QR codes.

VTB Group is a Russian financial group comprising more than 20 credit and financial companies operating in all major segments of the financial market. The Group has subsidiaries and associated banks in Armenia, Belarus, Kazakhstan, Azerbaijan, Vietnam, a branch office in India, and a branch office and representative office in China.

VTB Group's net profit under IFRS for the first half of 2025 amounted to 280.4 billion rubles.

On November 20, 2024, the AK&M rating agency awarded VTB Bank's sustainability reporting the highest rating.

On July 31, 2025, the AK&M rating agency confirmed the highest rating of VTB Bank's non-financial statements.