Solid Bank presented optimal routes for foreign exchange transactions at a conference on foreign economic activity.

Translation. Region: Russian Federation –

Source: Solid Bank – Solid Bank –

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On October 9, the "Navigator of Payment Solutions for Foreign Economic Activity" conference, organized by Tochka Sborki, was held in Yekaterinburg. Solid Bank not only actively participated but also became a platinum partner of the event. The bank was represented at the conference by its specialized division, the Department for the Development of Foreign Economic Activity.

The conference provided a platform for participants—experts in foreign economic activity—to exchange opinions, experiences, and working strategies and tools. As foreign economic activity has faced various challenges and pressures in recent years, the main topic of the conference was solutions for effectively managing risks and difficulties in this sector.

Speakers at the event included heads of regional, federal, and international companies, representatives of banks and investment companies, and representatives of the Ural Chamber of Commerce and Industry.

Sergey Aleksandrovich Merkulov, Head of Foreign Economic Activity at Solid Bank, was among the event's speakers. His presentation was titled "Optimal Routes for Currency Transactions." In his report, he discussed the bank's direct payment capabilities, the agency model, and interactions with non-residents.

"Uncertainty is the main pain point in international payments: unclear deadlines, unpredictable fees, the risk of blocking, and doubts about the payment's success. At times like these, it's especially important to find reliable providers in the world of currency payments," said Sergey Alexandrovich, describing the current situation with international payments.

Another representative of SOLID Financial House, Vladislav Georgievich Dyachenko, Director of the Yekaterinburg Representative Office of JSC IFC SOLID, continued the discussion. At the conference, he covered the topic of "Hedging Currency Risks in Yuan."

These two presentations can be considered complementary, and they revealed not only general trends and challenges in foreign economic activity, but also the practical experience and case studies of the two partner companies.

The conference featured a wealth of useful and expert information, practical solutions, and exciting opportunities. Participants noted the relevance of the discussion topics and the timeliness of the solutions and plans presented.

Participation in the foreign trade conference was a significant event for Solid Bank – it allowed it to share experiences, receive feedback from the professional community, present exclusive foreign trade solutions to colleagues and potential partners, and establish new business contacts. The bank will continue to develop its activities in this area, which it plans to share at future industry events.

Reference information

Solid Bank JSC is a universal commercial bank founded in 1991 in Kamchatka. In 2017, the head office was relocated to Vladivostok. The bank has offices throughout the country: in the Far Eastern Federal District, Siberian Federal District, Tatarstan, Udmurtia, Bashkortostan, Moscow, Tula, Yekaterinburg, and St. Petersburg. The majority of offices are located in the Far East. For over 30 years, Solid Bank JSC has been providing a full range of services to businesses and private clients. General License No. 1329 of the Central Bank of the Russian Federation dated May 25, 2017.

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