Rosfinmonitoring may oblige banks to provide passport details of the recipient of the transfer

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Rosfinmonitoring may force banks to specify passport data when transferring money, reports red blood cell With reference to the new version of the Ministry’s draft law.

The innovation will be available from January 1, 2026.

Currently, the law requires disclosure of only payer-related data, not the recipient. Rosfinmonitoring proposed to indicate passport data, TIN, as well as the surname and initials of the transfer recipient.

The agency also plans to oblige credit institutions to disclose buyer’s data for both domestic and cross-border transfers.

When using the Fast Payment System (FPS), it is recommended to make an exception: banks or the payment system operator can send information about the recipient and do not indicate the passport data, TIN and bank account number during the transfer.

The agency also proposes to limit the amount of money transfers made without opening a bank account to 100 thousand rubles or an equivalent amount in foreign currency. it’s a novelty introduced In the new version of the bill in March.

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