What are the new rules for withdrawing cash from bank cards?

From September 18, 2019, in order to carry out an operation to withdraw funds from such a card, you will need to undergo identification. Namely, provide your passport details, INN and SNILS. At the same time, you are allowed to withdraw no more than 5,000 rubles per day, and there is a monthly limit of 40,000 rubles.

Do bailiffs have the right to withdraw money from a bank card?

Table 1.

Active interaction with bailiffs
No information for 2019
Low level of cooperation
Sberbank Alfa Bank Home Credit VTB24 Rosselkhozbank Otkritie Gazprobank Raiffeisenbank Sovcombank Promsvyazbank

However, clients of organizations should not be 100% sure that FSSP employees will not write off funds from their accounts. If the bank receives a request from the bailiff, the institution is required by law to provide complete information.

It is noteworthy that Federal Law No. 229 contains a ban on the seizure of money from credit cards. In addition, financial institutions are not interested in providing such information.

If a client opens a deposit on such an account and keeps savings, then the bailiff service will block the funds in the future.

The FSSP made the proposal as an adjustment to Federal Law No. 229, but for 2019 the issue is under consideration by the Supreme Council.

Information about which bank cards are not blocked by bailiffs is regularly updated. However, employees contacting a financial institution with a request about a debtor is legitimate.

Credit organizations that do not actively interact with the FSSP still provide information if there is an official request.

Of course, the bailiff will not send a mailing to all institutions in Russia, even in the absence of specific information about the individual’s card.

As a rule, a bailiff has several lawsuits in his work. Searching for current and personal accounts of debtors is a troublesome task. Therefore, a quick mailing can be done to 10-20 banks, given that there are about 300 such institutions in Russia.

If a citizen opens a card in a small financial company, then the risk of discovering an account is low. The specific situation depends on the diligence of the FSSP officer, his availability of time and motivation for an active search.

• Sberbank;
• VTB 24;
• Gazprombank;
• Promsvyazbank;
• Post Bank.

Do bailiffs have the right to withdraw money from cards?

Citizens with unpaid loans, fines, and alimony are often worried about bailiffs writing off money from their credit cards.

The bailiff has the right to seize the debtor's property or financial accounts on the basis of a writ of execution. Bank cards are also subject to seizure procedures, and the citizen cannot use his own funds. See also: can bailiffs seize a card? Seizure by a bailiff

There is often no advance notice of seizure. A citizen learns about this trouble from an SMS message from a bank or at a branch of a credit institution.

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A credit card stores the bank's money, which it transfers to the borrower for use at an agreed interest rate. That is, these funds do not belong to the borrower, for this reason, withdrawing money from a credit card is illegal.

Federal Bailiff Service

As discussed above, withdrawing money from a credit card is against the law. If an unpleasant situation does occur, then the bank card holder should not be upset or panic.

Most likely, a typical situation has arisen when the bailiff, not knowing that the account is a credit account, issues an order to arrest it.

In this case, the citizen must file an appeal. An application to lift the arrest is written in two copies, and a bank statement is attached stating that there are credit funds on the card.

Thus, the bailiff service does not have the right to write off money from the credit account. Only personal funds and property are subject to seizure.

To protect yourself from unnecessary worry, pay off your debts in a timely manner and get in touch with the creditor. See also: Cetelem Bank credit cards.

Procedure for withdrawing funds from a bank card

Procedure for withdrawing funds from the card

All actions of the bailiff service must be carried out within the framework of the laws “On Enforcement Proceedings”. It is this law that the debtor should rely on when defending his interests and eliminating unlawful actions of bailiffs.

During a lawsuit, where the plaintiff demands to recover a certain amount from the defendant, an appropriate decision is made.

As soon as the writ of execution falls into the hands of the bailiff, the procedure for searching for the debtor citizen begins. If the defendant does not want to pay the resulting debt on his own, the bailiffs have to use coercive measures.

First of all, the bailiffs are interested in the debtor’s permanent income or funds stored in banks in the form of deposits and deposits.

Inquiries are sent to various banks regarding the availability of accounts. After a satisfactory response from the bank, the bailiff sends a seizure order. If the client has several accounts in this organization, then in the resolution the bailiff specifies which account is seized.

The resolution also indicates in what time frame and in what order the bailiff will lift the arrest.

Banks and other credit organizations fulfill the order of the resolution within a short time (no more than 3 days) and notify the bailiff of the transaction in writing or in electronic document form.

From the moment the bank card is seized, the holder cannot use his funds. The amount owed is debited from the account. If the money on the card is not enough to cover the entire debt, the available amount is written off. The balance of the debt will be collected from subsequent receipts. See also: what to do if your credit card runs out.

What funds cannot be written off by bailiffs

Bailiffs do not have the right to seize all funds. The law regulates the list of income that is not subject to collection. If the seized amount included any of these incomes, then the user must contact the bailiff service. Bring with you a passport, an application to lift the arrest and a certificate indicating the intended purpose of the funds.

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Types of income that cannot be seized:

• Funds received for compensation for damage to health.
• Benefits related to the death of the breadwinner.
• Remedies for injuries at work.
• Compensation for victims of a man-made or radiation disaster.
• Alimony.
• Temporary disability benefit, funded part of pension.
• Work-related compensation.
• Benefits for citizens with children.
• Maternal capital.
• One-time assistance in case of natural disasters and terrorist attacks.
• Compensation for travel costs to the place of treatment.
• Funeral benefit.

For other income, including old-age pension and disability pension, it is allowed to apply exacting measures.

Table 2.

There are myths on the Internet that there are bank cards that bailiffs cannot seize. There are no such financial institutions in Russia, since FSSP employees have the right to block any accounts, provided they are located.

1. Opening a personal account in a small financial institution is better to do this in another entity.
2. Register an electronic wallet while maintaining anonymity.
3. Applying for a credit card.
4. Another option is to open a current account for a citizen other than relatives.

When enforcement proceedings are initiated against an individual to collect a debt, the bailiffs have the right to block the bank account. The absence of a notice of enforcement measures indicates that the person does not reside at the registered address.

The regulations for carrying out enforcement proceedings oblige FSSP employees to notify citizens of all activities carried out in relation to them. Documents are issued by sending an ordered letter. After this, the papers are transferred to the bank.

There is one way to avoid debiting your card - repay the debt to the creditor within 5 days. In difficult financial circumstances, contact bailiffs to obtain installment payments.

For banks, credit cards are the most delicious product. The income from it is maximum. Not only because the interest on borrowed funds is the highest.

But also because any action of the card owner is associated with the bank receiving additional income. It doesn’t matter whether he transfers money or withdraws it from an ATM. Or just keeps it on the map.

All this is very beneficial for the credit institution that issued the card.

Banks receive a commission when a client “selects” borrowed funds has always existed. It still exists. Since its size rarely falls below 3%, and sometimes amounts to 5%-7%, up to 10%, it is clear that people who are forced to receive cash are the best clients of the bank. To the question “what, other than greed, is responsible for such high tariffs?

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“Any analyst will answer that from the bank’s point of view, it is more profitable if funds from a credit card are spent non-cash, in a regular store. However, managers of credit institutions who say this are usually disingenuous.

The fact is that non-cash expenses are not only associated with a grace period (a period during which interest is not accrued), but also bring in significantly less money as income.

Therefore, it is still more profitable for any bank if cardholders withdraw their funds from an ATM.

Banks have the right to disclose information about clients to bailiffs

Everyone knows that credit institutions must keep confidential information about maintaining accounts and current transactions with money. So does the bailiff’s requirement to provide such information comply with the law?

Starting from Art.

857 of the Civil Code of the Russian Federation, information about the existence of an account can be communicated to the client himself, employees of the credit history bureau, as well as government agencies, in the case provided by law.

The list of government bodies and their officials is regulated by the Banking Law. The Bailiff Service is included in this list, so providing information about the existence of an account is legal.

Mandatory use of the “World” card

On May 1, 2019, a Government decree came into force, according to which by July 1, 2020, all payments to unemployed citizens and citizens affected by man-made disasters (the accident at the Chernobyl nuclear power plant in 1986, accidents at the "Mayak" in 1957, during the discharge of radioactive waste into the Techa River in 1949 and nuclear tests at the Semipalatinsk test site), as well as for citizens entitled to child benefits.

From this date, new recipients of social payments will be issued a “Peace” card. Those who are already receiving payments on international cards will switch to the Mir card before July 1, 2020. Recipients of payments need to wait for a letter from the bank notifying them of the new card issued. In addition, the payout recipient can choose whether to receive payouts in cash or into a bank account.

Procedure for withdrawing funds from a bank card

Table 1.

Read also: Documents for applying for an old-age pension in 2020

From June 27, 2019, operations to withdraw money from a bank card of a foreign bank will come under mandatory control. Now the bank through which money will be withdrawn from such a card will be obliged to report within 3 days full information about the transaction to Rosfinmonitoring, which monitors such a transaction.

So, the new rules introduce additional restrictions on cash withdrawals for control purposes and expand the possibilities for withdrawing money from a bank card. This will help increase the volume of tax collection, and may also lead to the resumption of barter schemes and the use of foreign cash.

Thank you for your attention!

Ways to prevent theft of money from Sberbank contactless cards - more details here

Source: https://sevstrojspb.ru/zakonnost-snyatiya-deneg-kartochek-graddan/

What new rules have been adopted for withdrawing cash from bank cards and how will they work?

Almost all modern people receive their salary on a bank card. Even the pension is transferred to a bank account. But citizens still prefer to use cash in various stores, so they withdraw their salaries from their cards through ATMs. At the beginning of 2019, changes regarding the rules for withdrawing cash from a bank card came into force.

Purpose of making changes

Such adjustments are negatively perceived by citizens, as certain obstacles arise in the process of gaining access to their funds. This may even cause citizens to lose confidence in banking institutions.

New rules for cash withdrawals will come into effect in 2019. Their main goal is to apply restrictions in the process of cashing out money. But at the same time, they expand the opportunities for citizens to withdraw money from their personal account.

As users write on social networks and forums, Sberbank has introduced a single tax of 1% for cash withdrawals from bank cards:

New ways of control

From June 27, 2019, amendments to the law related to combating the legalization of illegally obtained income come into force. Therefore, all bank card owners should remember the following features:

• operations related to the withdrawal of money from foreign bank cards are necessarily monitored;
• the bank through which money is cashed must independently transmit information about these transactions to Rosfinmonitoring;
• employees of a government agency check the transactions performed;
• a list of foreign banking institutions whose cards will be carefully controlled will be developed by the Central Bank.

The suspension is carried out for two days, and during this period the client must confirm that he independently attempted to perform a particular operation. If the client does not get in touch, the blocking is automatically lifted after two days.

The Central Bank in its Instructions recommended that banking institutions use restrictions on the amount of transfers and the amount of cash that can be withdrawn from a bank card. This will reduce the number of fraudulent transactions.

Will it be possible to withdraw money from anonymous cards? mk.ru

Difficulties with withdrawing money from an anonymous card

On March 18, the President signed a law on the basis of which restrictions are being introduced regarding the withdrawal of cash from anonymous cards, otherwise called unidentified. This law comes into force only on September 18.

It will be possible to withdraw money from an anonymous card only after implementing a simplified identification procedure. To do this, the citizen will have to provide the bank with his passport data, TIN, SNILS and compulsory medical insurance policy number.

From such a payment document you can withdraw a maximum of 5 thousand rubles within one day. You can withdraw no more than 40 thousand rubles per month. Representatives of various banks claim that there are too few such cards in circulation, so citizens will not have many problems with receiving cash.

It will be possible to cash out through stores

Another significant change, which was positively received by many citizens, is the possibility of withdrawing cash through the cash registers of various stores. This innovation will become available in the second half of 2019. The information was received from representatives of the VISA and Mastercard payment systems. The management of Sberbank is implementing this innovation.

When it is dangerous to pay with a bank card and how to protect your funds - find out in the publication on our website.

With this change, you can get cash in almost any store. To do this, you need to contact the cashier, who will transfer the required amount from the card to the store’s account, after which he will give the citizen cash from the cash register.

In Russia, a limit is being introduced on cash withdrawals from bank cards:

A maximum of 5 thousand rubles will be issued. But at the same time, the citizen will have to make some kind of purchase in order to gain access to the cash register.

Conclusion

Source: https://FBM.ru/novosti/ustanovleny-novye-pravila.html

New rules for withdrawing cash from bank cards come into force on June 27

Federal Law “On Amendments to Articles 7 and 7.1 of the Federal Law “On Combating Legalization (Laundering) of Proceeds from Crime and the Financing of Terrorism” and Articles 7 and 10 of the Federal Law “On the National Payment System”” dated March 18, 2019. No. 33-FZ was adopted by the State Duma on March 6, 2019 and approved by the Federation Council on March 13, 2019.

The changes come into force on June 27, 2019 and apply to cash withdrawals from bank cards.

1. Mandatory control of cash withdrawals from bank cards issued by foreign banks

Changes in the law oblige banks through which cash withdrawals occur to report to Rusfinmonitoring about the transaction to conduct a thorough check.

The Central Bank of the Russian Federation also recommends that banks more carefully monitor cash withdrawals from Russian bank cards as an additional measure to prevent fraud (directive of the Central Bank of the Russian Federation No. 4926-U dated October 8, 2018). This especially applies to bank cards that have previously been used for fraud.

“The operation is suspended for up to 2 days until the client personally confirms that the transfer was made of his own free will. The blocking is removed automatically if the client does not contact within the specified period.”

2. Tightening control over cash withdrawals from anonymous bank cards

From September 18, 2019, it will be possible to withdraw cash from unidentified bank cards only after passing the “simplified identification” procedure.

Thus, the card owner will need to provide the bank with his INN and SNILS or medical policy number. At the same time, he will be able to withdraw funds only at a time in the amount of no more than 5,000 rubles and no more than 40,000 rubles per month.

The legislator does not explain how (and whether it will be necessary to do this) the card owner will confirm that the unidentified card really belongs to him.

On this issue, the Central Bank of the Russian Federation comments that at the moment there is a fairly limited number of unidentified cards in use, which means that the new law does not cause any particular inconvenience.

By the way, not all cards that do not indicate full name. their owner is considered unidentified. So, for example, the “Momentum” card from Sberbank is classified as identified (although the owner’s full name is not on it) - which means that restrictions do not apply to it.

3. Stores will start issuing cash from cards

From the second half of 2019 (the exact date has not yet been determined), the international payment systems Master Card and Visa, as well as Sberbank, announced a new program, thanks to which it will be possible to withdraw cash from the card in the store at the checkout if the appropriate equipment is available.

A prerequisite will be to make a purchase in this store for a certain amount and pay for it with a bank card.

You can receive up to 5,000 rubles.

In practice, it will look like this: the cardholder makes a purchase, pays for it at the checkout and declares his intention to withdraw cash from the card. The cashier carries out payment for the purchase, writes off part of the funds to pay for the goods, and withdraws part of the money through the cash register to the buyer in cash.

4. Sberbank of Russia will launch a new program for withdrawing cash from a card without the card itself

Such cash withdrawal will be possible using Sberbank Online.

The card holder enters two codes at the bank’s ATM (1st from SMS by phone, 2nd from Sberbank-Online) and withdraws the amount of money from the card.

Restrictions on the amount of funds are still unknown; this program is under development.

Summary of innovations

• There is already an opinion that these changes are intended, for the most part, to tighten control over cash circulation among the population and ensure more stable use of non-cash payments by citizens, since electronic cash flow is much easier to track.
• However, on the other hand, as the legislator himself comments on the changes in the law, all measures are designed to reduce the risk of fraudulent activities and track illegal income.
• At the same time, innovations in legislation do not play into the hands of banking organizations, since they lead to a loss of confidence among the population in the entire banking system.

Source: https://www.9111.ru/questions/7777777777735016/

What is the limit for withdrawing cash from a Sberbank card?

Sberbank PJSC, like all credit organizations, sets a certain limit on cash withdrawals from a bank card. The level of restrictions depends on the status of the client's card.

Bank limits are the maximum amount that a client can withdraw in cash from an ATM or through a branch. Restrictions are set on cash withdrawals per transaction, per day, per month.

Reasons for setting restrictions:

1. Minimizing the risk of fraud and illegal cash withdrawals;
2. Credit cards: the introduced restrictions encourage the client to use a banking product in the form of a universal means of payment.

Sberbank PJSC sets certain limits for all types of cards. The higher the card status, the higher the maximum amount that the client can withdraw.

Note! For credit cards, cash withdrawals do not fall within the grace period and interest for the use of funds is accrued from the date of withdrawal.

PJSC Sberbank has established the following restrictions on cash withdrawals through ATMs per day for debit and credit cards:

Card type Maximum amount available for withdrawal per day Classic cards 150 thousand rubles Cards with gold status 300 thousand rubles Free instant cards Momentum 50 thousand rubles Pension cards MIR 50 thousand rubles

For cash withdrawal transactions through Sberbank cash desks, amounts in excess of the daily limit are subject to a commission of 0.5% of the amount.

Note! For Momentum cards, a commission of 0.75% is established when withdrawing cash at an office or ATM, regardless of the amount.

To cash out funds from third-party banks, the commission for all cards is 1%.

The bank has established the following restrictions on cash withdrawals through ATMs per month:

Card type Maximum amount available for withdrawal per month Classic cards 1.5 million rubles Cards with gold status 3 million rubles Free instant issuance cards Momentum 100 thousand rubles Pension cards MIR 500 thousand rubles Read also: Restriction of parental rights: grounds , judicial practice, download statement of claim

Note! There are no limits set for cash withdrawals through offices and ATMs of third-party banks. This operation is not performed with MIR cards.

To pay for cellular communications through the Sberbank online system, there is a limit on the amount of transactions per day - no more than 10,000 rubles. If the limit is exceeded, the system will issue a warning.

The operation to transfer funds can only be carried out after confirming the actions by calling the contact center (the call center telephone number is indicated on the bank card).

The limit for transactions with confirmation is 500 thousand rubles.

Payment for mobile phones through the mobile application: transaction limit without confirmation in the contact center: 9510 rubles; with confirmation: 499,510 rubles.

Limits for electronic wallets

When using the Sberbank system online, replenishing electronic wallets is only available from bank cards. The following limit is provided for the operation of replenishing wallets: no more than 10,000 rubles per transfer.

Note! The minimum replenishment amount is also set at 50 rubles.

Sberbank clients can link their cards to Yandex.Wallet: in this case, the card will be topped up automatically within the amount required to pay for the product or service.

Other limits and restrictions in Sberbank

For payment security purposes, additional restrictions are provided for money transfers by phone number:

• 8000 rubles per day is the maximum amount of transfers. The limit is set for both the sender and the recipient;
• 10 transactions per day is the maximum number of transfers.

Note! There are no restrictions on transfers to individuals through territorial offices

For transfers of funds by individuals, the following commission is provided:

• 1.5% when transferring to another client to a debit card outside the same city - maximum 1000 rubles;
• 1% when transferring to another client to a debit card in another city through the Sberbank online system - 1% of the amount (maximum 1000 rubles).

Note! Transferring funds to a credit card is carried out without commission.

When contacting bank branches, you must have with you a document confirming the identity of the account holder. Within the established limits, cash will be issued immediately.

If you need to receive a large amount of cash from a bank card, you must first write an application for ordering funds.

Within a few days, a bank employee calls the client and sets a date for issue. First of all, this operation allows you to minimize the risks of fraud - the money will be issued in a separate closed room.

In addition, the bank needs to prepare the required amount of cash for withdrawal.

Source: https://www.Sravni.ru/banki/info/kakoj-limit-snjatija-nalichnykh-s-karty-sberbanka/

Three new rules are being introduced for withdrawing cash from bank cards

• With all the variety of bank cards that are presented on the market today, people still have more confidence in cash than in virtual numbers in an account. The government has an ambiguous attitude towards “cashing out” bank cards:
• - on the one hand, it is clear that with the transition to cash, the further fate of money is almost impossible to track.
• Therefore, in the light of the fight against the financing of criminal activities, uncontrolled withdrawal of money from cards is an obvious disadvantage,
• - but, on the other hand, the ability to receive your hard-earned money credited to the card at any time is an important guarantee of trust in the banking system.

It is no secret that banks receive income from money credited to card accounts. And people’s distrust of cards has a negative impact on profits: they begin to withdraw all the money “clean”, leaving the banks with only zeros in the account.

1. And so it turned out that the new rules that are being introduced this year, on the one hand, introduce additional restrictions on cash withdrawals for control purposes, and on the other hand, on the contrary, expand the possibilities for withdrawing money from the account.
2. 1. New control measures for withdrawing cash from cards
3. On June 27 this year, amendments to the Anti-Money Laundering Law come into force:

— all operations to withdraw cash from cards issued by foreign banks are subject to mandatory control.

The bank through which cash withdrawals are carried out on the territory of the Russian Federation is obliged to report this to Rosfinmonitoring within three days, where a thorough check of this fact will be carried out. The Central Bank must develop a list of foreign banks whose cards are subject to control.

In addition, restrictions on cash withdrawals, even from domestic cards, are recommended by the Central Bank as an additional measure of protection against fraudulent activities.

As you know, since last year, banks have been charged with the obligation to stop the execution of transactions on cards that have signs of “suspicious”:

— the operation is suspended for up to 2 days until the client personally confirms that the transfer was made of his own free will. The blocking is removed automatically if the client does not contact you within the specified period.

So, in its Instructions (dated October 8, 2018 No. 4926-U), the Central Bank recommended that banks apply restrictions on the amounts of transfers and cash withdrawals from cards for which fraud had previously been recorded (within the framework of the agreement, of course).

2. It will become more difficult to withdraw cash from an anonymous card

On March 18, the President signed a law that introduces restrictions on cash withdrawals from the so-called. "unidentified cards". From September 18 (when the law comes into force), it will be possible to transfer and withdraw money from such cards only after passing the “simplified identification” procedure.

To do this, the bank will need to provide your passport details, as well as SNILS, INN or medical policy number. It will be possible to withdraw no more than 5,000 rubles per day and 40,000 rubles per month from an anonymous card. Banks assure that there are few such cards in circulation, so there will be no massive problems with cashing out.

So, for example, the well-known Momentum card from Sberbank is classified as identified (although the owner’s full name is not indicated on it) - which means that restrictions do not apply to it.

• 3. Stores will begin to “cash out” bank cards
• Starting from the second half of the year, it is planned to introduce a new major project: withdrawing cash from a card through store cash desks.
• Payment systems VISA and Mastercard officially announced this innovation, and Sberbank recently confirmed joining this program.

However, it will be possible to withdraw cash at the checkout only if the purchase is paid for by card: the cashier will write off part of the money to the store’s account, and part (up to 5,000 rubles) can be issued in cash at the client’s request. So you won’t be able to get cash only in the store without making purchases.

© Sivakova I. V., 2019

Source: https://zen.yandex.ru/media/id/5a174ed5168a918159c137da/5c93a5a83ee97000b37e090e

Important: new rules for withdrawing cash from a bank card

The government continues to take measures to reduce the share of cash payments in the country. After all, it is much easier to control the income of the population if the money is kept in bank accounts. You can easily track the movement of funds based on transactions. It is almost impossible to track cash, which, of course, does not suit officials.

• Due to excessive control, keeping money in cash still seems much safer than trusting money to banks.
• It turns out that there is a fine line between government actions aimed at tightening control over funds, including tightening the rules for withdrawing cash from cards, and the final loss of confidence in banks among the population of the country, which threatens banks with the loss of significant profits and can create a risk to the financial system our country.
• Let's consider what changes in the rules for withdrawing funds from cards will occur in 2019.

Tightening the rules for withdrawing cash from non-registered cards

On March 18, 2019, the head of state signed Federal Law No. 33-FZ on amendments to Art. 7 and 7.1 115-FZ and in Art. 7 and 10 of the law on the national payment system.

The innovation will affect “anonymous” bank cards, from which it will now be more difficult to withdraw money.

According to the new rules, in order to carry out an operation to withdraw funds from such a card, you will need to undergo identification.

It is mandatory to provide your passport details, TIN, and SNILS.

At the same time, you can withdraw no more than 5,000 rubles per day, and there is a monthly limit of 40 thousand rubles.

Thus, now having an anonymous bank card, you won’t be able to withdraw money from it so easily; you will need to confirm your identity.

Control over withdrawal of funds from cards issued by foreign banks

The new rules will also affect cards issued by foreign banks. Starting from the end of June 2019, operations to withdraw funds from a bank card issued by a foreign bank will be subject to mandatory control.

Now the bank through which funds are withdrawn from such a card will be obliged to provide full information about the transaction to Rosfinmonitoring, and it, in turn, will carefully monitor such a transaction.

By June 2019, the Central Bank of the Russian Federation will prepare a detailed list of foreign banks whose cards will be controlled in Russia.

Restrictions may also affect cards issued by Russian banks. If there were previously signs of fraud on such a card, then additional restrictions may be imposed on cash withdrawals from it.

Right to receive cash in store

Not all innovations are aimed at tightening regulations; there are also those that, on the contrary, will make it easier for citizens to withdraw money. It will be possible to withdraw money from a bank card not only at ATMs.

From the second half of 2019 (the exact date has not yet been determined), the international payment systems Master Card and Visa, as well as Sberbank, announced a new program, thanks to which it will be possible to withdraw cash from the card in a store, if there is an appropriate terminal there.

To use such a service, you will need to make a purchase in such a store and pay for it with a bank card, in which case up to 5,000 rubles can be received in cash at the store’s cash desk.

Summary

There are more and more actions aimed at increasing control over our money.

On the one hand, the state is trying to reduce the risk of fraudulent activities and track illegal income.

On the other hand, the state pursues the goal of tracking the income of citizens in order to then be able to collect additional funds from the budget in the form of taxes. At the same time, the state’s goal is to reduce cash payments and get people to keep money in bank accounts that can be controlled.

Source: https://www.klerk.ru/buh/articles/484012/

Rules for withdrawing cash from bank cards in 2020

Development trends in the banking sector are aimed at reducing cash turnover in the country. Every year, new requirements, limits, fees and restrictions on withdrawals from ATMs are introduced.

This year was no exception, during which the rules for withdrawing cash from bank cards of Sberbank, Tinkoff, VTB, Rosselkhozbank and most other large banks came into force.

Let's take a closer look at the changes introduced and what they provide to plastic card holders.

Prohibition of cash withdrawals from bank cards

The Russian government is actively taking measures to combat terrorism and the financing of criminal organizations. In turn, one of the most effective methods was chosen to reduce the uncontrolled financial flow as much as possible. And this is the turnover of cash.

There have long been many rumors that banks want to introduce a ban on cash withdrawals from bank cards. And so, it happened. However, most of the arguments have not yet been justified. The changes did not affect all bank cards, but only a certain type of card.

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In turn, users of named banking products can still withdraw money from self-service devices within the daily and monthly limits. But owners of anonymous cards will now face restrictions.

If previously they could freely withdraw up to 5 thousand rubles per day and up to 40 thousand per month from ATMs, now they will not be able to do this freely. The fact is that at the legislative level any anonymity in receiving cash using bank cards is excluded.

Read: Cash withdrawal limit in Sberbank per day and per month.

Although the previously established limits for this type of card have not changed, now in order to withdraw cash from them, they must be tied to someone’s identity. In other words, in order to receive funds from the card, its holder must undergo a preliminary identification procedure.

This does not require signing new contracts, but you just need to provide the bank employee with your passport details. As a result, the owner will be added to a single database and will be able to withdraw cash from an unnamed card.

Rules for withdrawing cash from foreign cards

Plastic cards from foreign financial institutions also did not go unnoticed. If previously transactions on them were not subject to increased control, now they too are subject to accounting.

Now, about the procedures for receiving cash from such media, the bank servicing such operations is obliged to provide detailed information on them to the Federal Financial Monitoring Service no later than 3 business days.

The list of transmitted data includes:

• Date, time, and place of the cash withdrawal operation;
• Transaction amount;
• Bank card number;
• Information about the owner;
• Name of the foreign bank.

If money is received not through an ATM, but through a bank employee, then additional information from the card holder will be required to identify the individual. This may be a passport or other identity document.

Rules for withdrawing cash in retail stores

Despite constant tightening in the financial sector, not all cash withdrawal rules are negative. For the convenience of citizens, an additional option for cashing out funds has been provided. This can be done not only in bank self-service devices, but also at supermarket checkouts.

To use this method of receiving money, the cardholder must take into account a number of nuances:

• The chain of stores must participate in the service program;
• A specific retail outlet must have an appropriate terminal;
• Only Visa and MasterCard payment systems are accepted for service;
• The maximum amount available for withdrawal is 5 thousand rubles;
• The service is available to store visitors only if they have made a purchase;

The process for getting cash at a supermarket is as follows
:

1. The client pays for the goods selected in the store at the checkout using the card;
2. Before making a payment, asks the cashier for the required amount of cash;
3. The cardholder confirms the transaction by entering the PIN code;
4. The bank that issued the plastic card approves the purchase and issuance of cash at the cash desk;
5. The goods are written off and paid for, as well as money is issued by the cashier.

This functionality was implemented to optimize the ATM network of financial institutions. And also to increase the number of customer service points in those localities where the number of self-service devices is low.

The rules for withdrawing cash at cash desks have already been supported by several of
the largest banks in Russia:

• Sberbank;
• Rosselkhozbank;
• Russian standard;

The first large trading company to support the innovations
was the Pyaterochka chain of stores.

Conclusion

So, every year control over the personal finances of Russian citizens is increasing. There is a decrease in cash turnover. Each new cash withdrawal rules eliminates the anonymity of transactions.

From a security perspective, this approach cuts off sources of financing for criminal activity and also prevents money laundering. However, there is also a downside to the changes being introduced. In turn, government agencies become aware of all incomes and expenses of the population.

At the same time, it becomes possible to tax incoming amounts and create a new tax base.

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Source: https://mytopfinance.ru/pravila-snyatiya-nalichnyh-s-bankovskih-kart/

Sberbank has introduced new rules for withdrawing cash from bank cards

Whatever one may say, the largest and most famous bank in Russia is Sberbank, whose services are used by more than half of the country’s entire population.

This leads to the fact that when a given credit institution introduces some innovations, they then affect the lives of all citizens.

As we found out, this financial institution has introduced new rules for withdrawing cash from bank cards, which are currently already in effect in some regions, and from 2019 it should spread throughout Russia.

It's no secret that holders of bank cards from the financial institution Sberbank can withdraw cash from their accounts using ATMs or through cash desks in branches.

Although all these things can be found literally at every step, especially in large cities, in some places it is not economically feasible to maintain an ATM or even an entire branch, and therefore the credit institution decided to innovate the process of receiving physical material money.

It is reported that Sberbank allowed bank card holders to withdraw cash from accounts directly at terminals in various rural stores in test mode.

The new feature is currently being actively tested in all retail outlets in the village of Donskoy.

From 2019, other stores in Russia will be able to allow everyone to withdraw cash from bank cards of the largest and most famous bank in the country, and this does not require purchasing anything.

You can cash out amounts from 100 to 3,000 rubles per day from any bank card. Cash withdrawal is extremely simple - you just need to ask the employee at the checkout to withdraw some money, and then enter the PIN code from the card, as if you were paying for some things.

If the transaction is successful, money will be debited from the card, and in return the cashier will give you a receipt and the requested amount of money.

It is noted that when using the new rules for withdrawing cash, it is not necessary to buy anything at a retail outlet, because for each such operation Sberbank itself deducts a small percentage.

Earlier, information appeared that the credit organization Sberbank was blocking bank cards due to the use of one word.

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Source: https://akket.com/raznoe/141081-sberbank-vvel-novye-pravila-snyatiya-nalichnyh-s-bankovskih-kart.html

New restrictions on cash withdrawals from bank cards

This time, after non-personalized bank cards, cards issued by foreign banks were also subject to restrictions.

Legislators do not disclose the list of countries that will fall into the zone of special attention.

It is only known that banks will have to inform Rosfinmonitoring about all transactions with such cards carried out in Russia. The corresponding bill was adopted in the first reading by the State Duma.

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The State Duma Committee on the Financial Market recommended for adoption in the first reading a bill that would introduce restrictions on cash withdrawals from plastic cards of foreign banks.

If amendments to anti-money laundering law No. 115-FZ are adopted, all credit institutions will be required to inform Rosfinmonitoring of all such transactions carried out by both Russian citizens and foreigners.

Information about all facts of receiving cash from cards of foreign banks will be required to be collected by those banks from whose ATMs the withdrawal took place.

The message of the relevant State Duma Committee said that thanks to this innovation:

Rosfinmonitoring will receive additional opportunities to analyze financial flows in order to identify schemes for financing terrorist activities, extremist activities and, in general, solve problems aimed at ensuring the security of the Russian Federation.

Control over cash withdrawals will be significantly strengthened

Journalists found out that the list of countries whose bank cards will come under special control will be closed and will not be made available to citizens. Only the banks themselves will receive such information from Rosfinmonitoring and the Central Bank through interdepartmental communication channels and through personal accounts on the website of the supervisory service.

Total control over operations to withdraw cash from foreign bank cards, according to experts, will lead to an additional burden on banks.

After all, bankers will have to carry out the entire cycle of activities: from informing clients to the process of data collection, which is often very labor-intensive.

In addition, banks are already required to inform Rosfinmonitoring about all operations:

• with cash in the amount of 600 thousand rubles;
• with deposits in favor of third parties with cash deposits;
• with payments for winnings in lotteries;
• with real estate transactions in the amount of 3 million rubles.

Now this list will also include cash withdrawals from a foreign bank card, with no limit on the amount. At the same time, Deputy Director of Rosfinmonitoring Pavel Livadny argues that the amendments will not be relevant to clients of subsidiaries of foreign banks in Russia. As the official explained to reporters:

The bill has a strict anti-terrorism focus. Individual groups, as practice has shown, can take control of large territories with banking infrastructure and practically occupy the entire state. It is precisely such states that will be included in the list.

In addition, it is noted that cardholders themselves will not feel the restrictions until they are suspected of breaking the law. Only then can decisions be made regarding them to restrict the use of a bank card within the framework of Law 115-FZ. Moreover, the new norm will be the same for both Russians and foreign citizens.

Banks against

Bankers are unhappy with the innovation. They note that this will create many problems for credit institutions.

In particular, they expect increased customer unrest as "people often don't understand what a foreign bank is."

Therefore, explanatory work will once again fall on the shoulders of credit institutions, because citizens are seriously frightened by the huge number of different reasons and possibilities for blocking their accounts, cards and transactions.

Bankers also fear an increase in the cost of servicing transactions with foreign bank cards, due to the fact that they will have to determine the place where the transaction was performed, as well as whether it belongs to the list of countries in which Rosfinmonitoring is interested. In this regard, a commission for such operations may be raised.

Source: https://ppt.ru/news/142470