According to the regulator, the innovation will improve the competition of banks.
The Central Bank of the Russian Federation is currently working on discussing a proposal for free transfers from its own account to its account with another bank in the amount of up to 1.4 million rubles. within a month.
This statement was made by the head of the regulator Elvira Nabiullina.
During the press conference, she noted that the money can be withdrawn in cash, and then transferred to another bank.
However, the realities of the modern world, the predominance of cashless payments dictate their conditions.
In addition, interbank commissions may become an obstacle to the free disposal of their own money, the head of the Central Bank of the Russian Federation said at a press conference.
The head of the Bank of Russia believes that the initiative can improve competition between banks and stimulate the transmission of monetary policy.
Earlier, topNews wrote that the Central Bank of the Russian Federation raised the key rate. From now on, this indicator is equal to 8.5%.