MTB Bank was one of the few banks working with online casinos in Ukraine. However,
not entirely legally. The bank engaged in mis-coding, i.e., fraud and
accepting payments for casinos via P2P.
The Telegram channel Joker published a personal correspondence between the
Chairman of the MTB Board of Directors and Dmitry Yakovlev, who took direct part in the scheme for transferring
funds for casinos.
The correspondence discusses specialised terminals in
the Visa and MasterCard payment card systems. Terminal code 7995.
A message from MTB states that the bank does not want
to operate within a legal framework and proposes using a broken
P2P method. Thus, MTB functions as a bank in violation of regulations and
facilitates tax evasion. For its services, the bank offers a symbolic commission: 1.3% for debiting the player's card and 0.8% for crediting
funds.
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