PSB Bank: Detailed Overview and Benefits

PSB (Promsvyazbank) is a major bank operating primarily in Russia. It is ranked among the top 10 Russian financial institutions by assets and serves millions of retail and corporate clients. PSB enjoys strong brand recognition and provides a wide range of services for both individuals and businesses. The bank has made significant investments in digital banking, offering a robust online platform and mobile app for user convenience.

PSB imposes standard limits on transfers and cash withdrawals, similar to Sber and VTB. Higher transaction limits are available upon additional verification. Account blocking for large transactions is relatively uncommon, provided clients can verify the origin of funds. Compared to Alfa-Bank and PochtaBank, PSB presents a moderate risk of account suspension—lower than some competitors, but higher than banks focused on small business clients.

PSB offers various account types: debit cards, savings accounts, business checking accounts, and premium packages. For most individuals, standard card maintenance fees range from 0 to 199 RUB per month, depending on usage conditions. Savings and premium accounts may include extra options and higher service levels. In terms of maintenance costs, PSB is comparable to Rosselkhozbank and Gazprombank.

PSB clients can earn up to 5% cashback on purchases, participate in promotions, and use bonus points to pay for goods and services. The bank offers loyalty programs, favorable loan terms, and special deals for premium cardholders. When compared to Alfa-Bank and Tinkoff, PSB provides similar or even better cashback offers in certain categories.

PSB stands out thanks to its extensive ATM and branch network, modern mobile app, and reliable online services. Unlike PochtaBank and Oschadbank, PSB offers higher security and superior customer support. Business clients benefit from attractive terms for cash management and seamless integration with electronic payment services, including support for fast transfers via SBP (System of Fast Payments).

PSB actively implements digital technologies, making account management convenient via online banking and a mobile app. While direct support for cryptocurrencies (bitcoin, ethereum, litecoin) is not provided, the bank enables quick transactions to P2P platforms and supports transfers to e-wallets. This makes PSB a practical choice for users interested in digital assets and fast payment solutions.