Prices for bank services predicted growth in solving Central Bank to monitor all translations

Tracking by banks of all translations of individuals is a time-consuming and financially expensive task. Therefore, the control of the Central Bank discussed in the media for all the money transfers of Russians would lead to the rise in price of financial services. The President of the Association of Russian Banks Garegin Tosunyan was told about this “Lente.ru”.

According to Tosunyan, the creation, installation and testing of the software product for these needs will require investments of tens of millions of rubles. “For banks that do not have billion revenues, this is a serious load, it is a violation of a competitive environment. The trouble is that the bank costs will incur one-time and large, and it will then be compensated for for a long time,” he said.

If the banks have to incur spending, they will shift them on the end user, says Tosunyan. Each bank will be individually deciding how to compensate for these spending. It is possible to increase the commission for transfers or annual service, it predicted.

Earlier, RBC reported that the Central Bank (Central Bank) will begin to request data from banks for all monetary translations between individuals to identify the receipt of payments to illegal online casinos, organizers of financial pyramids, forex dealers and cryptocurrency exchangers. In the regulator itself, this information was denied.

/Media reports.