Media: The Central Bank decided to check card transfers of Russians

Media: The Central Bank decided to check card transfers of Russians

The regulator has requested from credit institutions all data on transfers of individuals and legal entities.

The media has learned that Russian banks and other credit organizations have received a letter from the Central Bank, which contains a request for information on the control of customer transfers from card to card.

Also, the Central Bank requires to assess the risks that arise during such operations and transfer their lists for June of this year. In the latter, it is required to specify data about the sender and recipient.

RIA “News” with reference to the text of the document reports that the Bank of Russia has also requested data on the mechanisms of control over transfers, the amounts of commissions that organizations receive for them, as well as data on limits on money transfers.

Finally, judging by the document, the Central Bank is interested in how banks identify “droppers” – legal entities and citizens through whom illegally debited money is carried out.

According to the agency’s source, Russian financial departments are discussing the idea of collecting data on recipients of payments. In the event that this initiative receives legislative support, it will be enough for clients to specify only their card number for the transfer.

However, such an innovation will require both changes in the settings of payment systems and in the work of credit institutions themselves, he believes.

In turn, “Kommersant”, having read the document, informs that the response to the request must be provided by the Central Bank by October 18. In response to the publication’s request, the Central Bank stated that the purpose of the document is not to minimize such transactions (P2P transfers), which currently make up a significant part of the payment market.

They called the task the study of banks’ risk management activities that accompany such transfers.

The experts intend to study and identify the best existing practices, and prepare recommendations for everyone else, if necessary.

However, not all market participants perceived the intention of the Bank of Russia positively. A number of them are ready to give up customer service.

According to Alexander Pogudin, a member of the directors of RNCO Payment Center, there are simply no effective methods of controlling transfers if the service is provided by an external client.

“The bank is deprived of the opportunity to assess the legalization risks,” the expert believes, adding that they decided to abandon such a service.

And the manager of RTM Group Evgeny Tsarev admitted that this type of transfers is really often used by scammers.

As an alternative, he called transfers through the Central Bank’s Fast Payment System, which has a different architecture, and the bank can more easily monitor the funds that individuals transfer to each other.

“In the SBP, everything is more complicated in this regard, there is still a mobile bank, a device, a phone number, ”, – said Tsarev, adding that in case of blocking, all cards will become unavailable, which is impossible with P2P transfers.

However, if the SBP gains momentum and such measures are applied, then problems will appear en masse not only for scammers, but also ordinary citizens.

As Topnews wrote earlier, earlier the Bank of Russia announced a scenario according to which a global financial crisis could happen in 2023.


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