Thanks to the use of a machine-readable power of attorney, there is no need to confirm the fact of issuing a guarantee and provide a power of attorney for the signatory. To implement these innovations, the bank centralized internal processes for signing and sending guarantees in a single operations center.
Sber issued the first tax guarantee under the new mechanism to URAL METAL PROCESSING COMPANY LLC through a digital credit process in SberBusiness. The bank sent an electronic guarantee to the Federal Tax Service, and the client sent an application and a VAT refund declaration. As a result, the company received a refund from the Federal Tax Service to its account with Sber in just 4 business days.