Banks urged to introduce a limit on transfers from teenagers' cards

Banks should be given the opportunity to set a limit on transactions on accounts of persons from 14 to 18 years of age of 200 thousand rubles per month. The National Council of the Financial Market (NSFR) proposes to amend the draft law, which will prohibit minors from opening bank accounts without the written consent of their parents. The council sent amendments to the document, which was adopted in the first reading last week, to the Central Bank and the State Duma (Izvestia has it).

Plastic cracked: dropper card offers disappeared from the black market

But this does not mean victory over fraudsters — the new measures of the Central Bank force them to switch to other ways of deceiving citizens.

The limit of 200 thousand rubles is more than enough for teenagers, but it is very small for dropper activities. Limiting the amount of transactions on such cards will make them unattractive to intruders.

VTB clarified that young people rarely transfer large amounts, so fairly loyal limits should not affect their activity. But this will protect them from the actions of scammers and participation in dropper schemes — when young people's cards are used to withdraw stolen funds, cash out money or make transfers in favor of shady businesses or other illegal operations.

Criminals actively involve teenagers in droppery, German Zubarev, deputy chairman of the Bank of Russia, told Izvestia. Young people are offered money for transferring cards to third parties. Attackers involve more and more people in such schemes through network marketing.

Read more in the exclusive Izvestia article:

Once there was such a bar: banks want to introduce a limit on transfers from teen cards