What to expect from the new law on bank cards blocked

What is the essence of the new law?

The Bank may block the transfer of funds, if the operation is carried out seems doubtful. That is, according to the organization's employees, the money transferred without the consent of the client. In this case, the card or account from which the operation was performed, block, but no more than two working days.

After that, the bank will be required to immediately provide the customer with information on making a suspicious transaction. And also ask for confirmation that the transfer was made with the consent of the cardholder or account. If the "good" is received, the money run out. If confirmation is not, the funds will be written off automatically after two working days.

In addition, the Bank may suspend the transfer of funds from the payer - legal entity for up to five days. This will be done if the client tells you that the funds deducted without their consent. In the event that the operation recognize unauthorized money back.

But before such was not?

Before banks can stop payment transactions and block funds on the card if there is a suspicion. But the criteria in each institution using their. Among them could be the transfer of money in the store, which is the bank for some reason considered not credible, or that the purchased goods were atypical for the cardholder.

Also suspicious can recognize that people regularly received the money on the card and then shot them at an ATM. This could be a sign of cashing funds.

How banks will determine the suspicious transactions?

Common criteria according to which the lock cards and accounts will be held, will register separately. However, the law still many questions neproyasnonnyh. Here's what the experts say.

Maria Gerasimova

Leading Lawyer European legal service.

Designed and approved in the State Duma a draft law does not contain an exhaustive list of cases and the reasons for the exercise of powers by banks to suspend transactions. It should develop and establish the Central Bank of the Russian Federation. The order in which customers will be notified about the blocking, will be determined by the contract of bank services.

As long as all members of the banking relationship and the central bank will not approve the relevant documents, guarantee of counteract the theft of cash and save the customers' bank accounts to act not will.

Anton Palyulin

Managing partner of the law office "Palyulin and partners."

How banks will recognize that we are talking about trying to cash theft from the electronic media, while left to the mercy of the employees of the banks themselves. Also known as at the moment will be instant control of dubious transfers. Likely to introduce the code to check each operation to transfer funds for signs that characterize it as questionable.

No comment has been given about other electronic means of storing money. So while it is not clear how will be carried out similar actions in relation to e-wallets, money transfer applications.

Why such a law is necessary?

The explanatory note to the documentThe bill № 296412-7 «On Amendments to Certain Legislative Acts of the Russian Federation with regard to anti-money theft" states that the number of fraud actions with use of bank cards grows. In 2016, according to the Central Bank, it was made about 300 thousand unauthorized transactions by more than a billion rubles.

Scammers operate through a payment system to pay for public services platform, mobile communications and remote maintenance of the system of banks.

When the new rules take effect?

After 90 days after the law is published. While the document is sent to the Federation Council, after which it must be signed by the President of the Russian Federation.