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Post: Central Bank obliges banks to use Russian services for internal transfers


Bank of Russia building. archive photo

From October 1, the Central Bank obliges banks to use only Russian services for internal transfers.

MOSCOW, March 20 – RIA Novosti. Banks will have to use only Russian services and infrastructure for the transfer of financial data for transfers within the country. area The central bank.

“From October 1, banks will only need to use Russian services and local financial infrastructure to transfer financial information when transferring money in Russia,” the statement said.

It is stated that this will help ensure reliability, uninterrupted and secure information exchange in the implementation of internal operations. The regulator explained that data on these will need to be transmitted through its own banking systems or services of third-party domestic companies and the Financial Message Transmission System of the Central Bank of Russia.

Last week, the head of the Central Bank, Elvira Nabiullina, said that the free transfer limit between accounts in different banks should still be 1.4 million rubles. According to him, this would allow people to freely transfer their savings from one bank to another, at least within the insured amount.

Russian ruble - RIA Novosti, 1920, 17.03.2023

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Source: Ria

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