The Central Bank will introduce mandatory linking of Russian accounts to the INN

The Central Bank of Russia intends to oblige credit institutions to link customers' INN to their bank accounts to combat droppage, said Olga Polyakova, Deputy Chairman of the Central Bank, in an interview with RBC.

"If earlier there was no mandatory requirement for banks to set the client's INN as a mandatory account number, then we will introduce such a requirement both when opening a new account and for those accounts that were opened earlier," Polyakova said.

According to her, banks will independently collect the missing data using the tools of the Federal Tax Service. This measure is necessary for the operation of the new Antidrop platform, which is scheduled to be launched in mid-2027. The client's identifier in the system will be the INN, which banks have been using for a long time.

Paperball: The growth of cash in circulation has jumped fivefold in recent months

What does this mean for the economy and will this money be returned to the banks?

Lamiya Mammadova, an expert at the RUDN University Faculty of Economics, said on November 27 that due to increased measures against fraudsters and the requirements of the Central Bank for operational risk management, banks began updating limits on cash withdrawals at ATMs. Now, in case of suspicious activity, the bank can limit the cash withdrawal to 50 thousand rubles.

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