Bank cards / "Izhcombank" Izhevsk, Udmurtia .

JSC “Izhcombank” offers the most advantageous way of payroll system by using the “Izhcard” banking cards. These cards can be used practically everywhere in Izhevsk: in shops, automated-teller machines (ATMs) and cash advance centers. Furthermore, they can be accepted in other cities like Sarapul, Votkinsk, Glazov, and Moscow. The number of cards servicing points is constantly increasing. The cardholders have an opportunity to pay for all the housing and utilities services, communication services (telephone, cellular telephone, pager) using the ATM facilities. Besides, these services can be paid via Internet or mobile phone that is another “Izhcard” strong advantage over other payroll systems. Today, there is a gradual development of the “Izhcard” discount pool where the discount will be granted to the “Izhcard” cardholders.

If a company wants to apply for this project it is necessary to sign Card Service Contract and then submit to the bank the list of employees. JSC “Izhcombank” orders the cards and the bank account agreement for each employee is to be signed. Free banking cards are issued in the name of each employee. The company’s accountant does usual salary accountings and transfers the money to the bank (by sum total payment order) together with the pay-sheet. The bank ,in turn, deposits the salary onto the employee’s accounts within 30 minutes from the moment of the money being received from the company. The “Izhcard” cards are valid for the period of 3 years then it is to be replaced by a new one for free.

security of the salary accounting process;
monthly interest accruing at the rate of 3.5% per annum that allows the salary to be as accumulation instrument;
convenience and quickness of cash money receiving and paying;
no need in employee presence at the pay-office on the salary date;
account balance retrieval at any time;
guarantee of the personnel money security;
no need in having cash money with you;
Cashless transactions in the trade centers. Each ATM can be used for a cashless payment for housing and utilities services.
Anonymity of withdrawal at the bank office. To have an access to the cards account it is necessary just to know your personal identification number (PIN) as it provides necessary security for the employees.

Today there are over fifty five thousand people are using the Izhcard system provided by JSC "Izhcombank”.

JSC “Izhcombank” has begun to issue bank cards of the international payment system Mastercard Int., which are linked to the “Izhcard”. It indicates the further developments of the bank in the area of banking technologies.

Now, we are ready to offer a unique new product: two cards of the different payment systems (Izhcard and Mastercard) that are linked to the same bank account. “Izhcard” has all its features (for salary accounting, cash advance, cashless settlements and payments); “Mastercard” allows using cash of “Izhcard” account as well as Overdraft option. This combination expands greatly the client's finance potential especially in traveling and shopping abroad. The clients of this two cards system have a lot of advantages, for example, they do not pay the commission for credit line opening and credit account keeping, and moreover the first year of cards service is free of charge, also they can have an increased MCI credit line in comparison with the Izhcard overdraft limit.