Translation. Region: Russian Federal
Source: Central Bank of Russia –
An important disclaimer is at the bottom of this article.
From September 1, microfinance organizations (MFOs) must check, whether the details for transferring an online loan really belong to the borrower. This will help fight fraudsters who draw up contracts for unsuspecting citizens and receive the money themselves.
Now MFIs will be required to verify the name, patronymic (if any) and last name (or the first letter of the last name) of the person who wants to take out a loan and the owner of the account or card to which the money will be received. To do this, they will request information about the owner of the account or card from the bank. In addition, the person can provide a certified certificate from the Federal Tax Service about the accounts and cards opened by him. This will speed up the receipt of the loan.
For clients who have already taken out two or more loans from an MFI within a year prior to the date of the new application and used the same bank account or card, verification is not required.
If a person does not plan to take out a loan in the near future, he can set self-prohibition to conclude consumer credit or loan agreements with him.
Preview photo: Andrii Yalanskyi / Shutterstock / Fotodom
Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.