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The Bank of Russia has taken up the fight against illegal payments in earnest, and this time transfers from card to card came under suspicion.
The Bank of Russia has asked credit institutions for data on transfers from card to card to improve risk management systems in banks.
Credit organizations must provide the Central Bank with information on the control of client transfers from card to card, assess the risks during their implementation and submit lists of such transactions for June 2021 with the data of the sender and recipient.
The Bank of Russia also needs information on the limits and mechanisms of control over transfers and the amounts of commissions. In addition, the regulator is interested in ways to identify clients - "droppers" - individuals and legal entities, through which the illegally written off funds pass.
The Bank of Russia has asked credit institutions for data on transfers from card to card to improve risk management systems in banks.
Credit organizations must provide the Central Bank with information on the control of client transfers from card to card, assess the risks during their implementation and submit lists of such transactions for June 2021 with the data of the sender and recipient.
The Bank of Russia also needs information on the limits and mechanisms of control over transfers and the amounts of commissions. In addition, the regulator is interested in ways to identify clients - "droppers" - individuals and legal entities, through which the illegally written off funds pass.
