“Electronic data interchange with FTS” – new module of CBS “Va-Bank”, designed in according with Bank of Russia Provision No. 365-P of  December 29, 2010 “About a direction order in bank of the commission of tax department, the tax department decision, and also a direction bank in tax department of data on the rests of money resources in electronic form".

      Module “Electronic data interchange with FTS” automates the work of credit institutions which have concluded agreements with Bank of Russia  (represented by the territorial agency of the Central Bank of Russia) in accordance with the Provision No.365-P. Electronic data interchange is certainly a big step forward on the path to optimize the interaction between banks and Tax authorities. First, it reduces the cost of tax transactions for banks. Also, electronic data interchange affects the data transfer rate and its quality, which can reduce the number of claims by the tax authorities to carry out the banks obligations under the Tax Code.

      Module “Electronic data interchange with FTS”  is used to exchange messages with FTS through Cash Settlement Center and has an extensive functionality of automation of all processes of interaction with the FTS.

For more information please contact with our Commercial Department: market@fors-bs.ru