The Central Bank recommended banks to strengthen control over depositing large amounts of cash

The Central Bank of Russia has recommended that credit institutions strengthen control over transactions involving the deposit of large amounts of cash. This was reported on the regulator's website on May 21.

"The Bank of Russia recommends that credit institutions increase their attention to transactions involving clients depositing large amounts of cash, the possible purposes of which are the legalization (laundering) of proceeds from crime and other illegal purposes," the report says.

The regulator stressed that special attention should be paid to the characteristic signs of suspicious transactions, which are formulated for both individuals and legal entities.

At the same time, additional control measures will not affect citizens who can document their financial situation, business reputation and the legality of the sources of origin of funds, she added.Газета.Ru ".

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