Andrey Arbenin

International Transfers and Digital Assets Specialist

Andrey helps NovAsia work through the practical side of transferring money internationally when buying property: who is named as the recipient, what documents a bank or platform may request, where fees and delays arise, how to keep an evidence trail, and what additional risks appear when using digital assets.

His role is to explain the mechanics of a possible route and to help form the right questions before money is sent. The specific operation always depends on the bank, payment service, exchange, jurisdiction, source of funds and the terms of the contract with the recipient.

Why the payment route should be checked in advance

A buyer may have the required amount yet hit a problem only after signing the reservation form: bank compliance requests extra documents; the beneficiary on the invoice does not match the expected recipient; an intermediary bank withholds a fee; the transfer arrives after the contractual deadline; conversion happens at an unexpected rate; the platform limits the amount; the recipient does not accept the chosen method; a digital-asset operation is sent on the wrong network; or the transaction record is not enough to confirm the payment.

So the question "how do I transfer the money" cannot be reduced to picking the service with the lowest fee.

What to check before the transfer

The recipient. The buyer should understand who is the party to the reservation form or SPA, in whose name the invoice is issued, who owns the bank details, whether payment to an agent, partner or third party is allowed, and what proof of receipt will be issued. When names and details do not match, a transfer cannot be treated as a routine technicality.

The basis for payment. Before sending funds it is important to have a current invoice, payment purpose, project and unit reference, amount and currency, payment deadline, an explanation of bank fees, and a contact who will confirm receipt.

Source of funds. A bank, exchange or payment service may request bank statements, proof of income, documents on an asset sale, tax documents, the contract, the invoice and an explanation of the payment purpose. Documents are better prepared before the contractual deadline, not after an operation is blocked.

The final amount. The buyer should clarify whether the full amount must reach the beneficiary, who bears correspondent fees, whether the conversion spread is accounted for, whether partial payment is allowed, and which document confirms performance of the obligation.

Bank transfer

A bank route usually requires checking: SWIFT details; beneficiary name; bank name and address; currency; payment purpose; OUR/SHA/BEN fee instruction; correspondent bank; estimated processing time; and the receipt and developer confirmation.

Even a correctly sent transfer can be delayed by a compliance review. NovAsia does not promise an exact processing time without the bank's confirmation.

Payment services and exchange platforms

When using an intermediary it is important to check who owns the account, the regulated status of the service (if applicable), transfer limits, the conversion rate and spread, withdrawal rules, recipient acceptance, documentary confirmation of the whole chain, and who is responsible in case of delay or block. A low fee alone does not make a route safe.

Digital assets

Digital assets can be used in some international routes, but they do not remove: KYC; source-of-funds checks; tax obligations; exchange requirements; wallet rules; the need to verify the asset and network; the risk of an irreversible error; market volatility; and confirmation that the final contractual recipient accepts this method.

Before sending, independently verify the address, network, asset, amount and recipient. A test operation can reduce technical risk but does not replace legal and compliance checks.

A practical order for checking the route

1. Obtain the reservation form, SPA or invoice.
2. Confirm the contractual beneficiary.
3. Compare available routes.
4. Calculate fees, spread and timing.
5. Prepare KYC and source-of-funds documents.
6. Get confirmation that the recipient accepts the chosen route.
7. Verify the details through an independent channel.
8. Execute the operation.
9. Keep the transaction record, bank confirmation and correspondence.
10. Obtain written confirmation that funds were received and credited under the contract.

Public profile

Boundaries of responsibility

Andrey and NovAsia do not present themselves as a bank, payment institution, exchange, broker, custodian, sanctions adviser, tax adviser or a guarantor of passing compliance. NovAsia does not receive client funds into its own wallets and does not help conceal the origin of money, circumvent identification, currency controls or legal requirements.

Profile updated: 10 July 2026.