Banks: new rules of the Central Bank do not restrict the right of citizens to exchange

Banks: new rules of the Central Bank do not restrict the right of citizens to exchange


Earlier, the Central Bank of Russia issued regulations on identification of clients by banks. Several media outlets have called the new rules toughening rules of purchase and sale of foreign currency.

MOSCOW, 25 Dec. The position of the Central Bank of the Russian Federation, introducing new rules for the identification of clients by banks, will not limit the right of citizens to make the exchange, explained in the largest Russian banks.

Earlier, the Central Bank issued the regulation on the identification of clients by banks, which should enter into force in a few days. Several media outlets have called the new rules toughening rules of purchase and sale of foreign currency. Later, the Bank of Russia said that the new rules will not create citizens with additional difficulties in the exchange.

The Bank of Russia considers the new regulation as not tightening, but rather as the adaptation of existing legislation: the situation imposes on credit institutions additional obligations to identify customers beyond the requirements of the law “On countering the legalization (laundering) of income obtained by criminal means and financing of terrorism”, said the Central Bank.

What has changed

Banks must identify the customer when carrying out transactions with monetary funds. A credit institution record the surname, name, patronymic, citizenship, date of birth, requisites of the document proving the identity, address of residence (registration) or place of residence, the client, and TIN and contact information when available.

Published by the Bank of Russia the situation will not limit the rights of citizens to make the exchange, and is directed only at combating money laundering and the financing of terrorism, said the Deputy chief of Department of retail products and processes Gazprombank Julia Elsukova.

“The new rules of customer identification do not restrict his right to perform currency exchange operations. Prescribed in the rules of procedure is familiar to banks: at the moment it is carried out during operations over 600 thousand rubles”, — said Elsukova.

However, in addition to the standard identification of a natural person, there is a simplified identification, which involves the establishment of only the surname, name and patronymic of the customer, and also requisites of the document proving his identity.

“The new rules establish uniform requirements for customer identification when carrying out cash foreign exchange transactions. That is, it cancels the simplified identification procedure, which was previously used for amounts from 15 thousand to 600 thousand rubles”, — said the press service of Sberbank.

The current legislation does not help to identify a natural person in the exercise of the purchase or sale of foreign currency in the amount not exceeding 15 thousand rubles.

“If the transaction amount above, identification is performed on the basis of the document proving the identity”, — explained in the Central Bank.

The operations of exchange of currency worth less than 15 thousand rubles, you will continue to make without the passport.

The questionnaire

A number of media on Thursday, saw in the new regulations of the Central Bank the responsibility of customers wishing to exchange foreign currency, not only to show the passport and to fill out your profile.

“Obtained identifying information, credit institution commits in the questionnaire (dossier), which draws in accordance with Bank of Russia regulation No. 499-P of different ways. In particular, this can be done on the basis of the use envisaged by the current legislation of registers of operations with cash currency. They are issued by credit institutions, they can provide the necessary data for identification of physical persons”, — explained in Bank of Russia.

The need for the client to fill out your profile and denied in Sberbank.

“An employee of the Bank itself records information about the client, filling in additional questionnaires in the standard process is not provided,” — said in a major Russian Bank.