Tinkoff requires documents when exchanging cryptocurrencies

Tinkoff Bank clients began receiving letters asking them to clarify the nature of transactions related toturnover of cryptocurrencies. This was announced by the founder of the InDeFi smart bank Sergei Mendeleev.

In the submitted letter, the client is asked to provide a number of documents, including:

- Proof of income (2-NDFL, 3-NDFL, etc.);
– Explanations about the economic meaning of operations;
– Information whether crypto exchanges are carried outoperations using the account (from what period; documents confirming the origin of the funds with which the cryptocurrency was originally purchased; documents confirming the payment of taxes; notarized screenshots from the personal account of cryptocurrency exchanges, allowing you to uniquely identify the owner).

The representative of the bank in the comments confirmed that the documents can indeed be requested in accordance with the requirements of the law.

“We study transactions on customer accounts and, ifwe note that some of them fall within the criteria described in the “Methodological Recommendations on Increasing the Attention of Credit Institutions to Certain Operations of Individual Clients of 09/06/2021 No. 16-MR”, we request documents for verification. We are obliged to pay attention to the methodological recommendations of the Central Bank in accordance with 115-FZ ",– wrote a representative of Tinkoff Bank.

This document provides the following criteria for identifying suspicious bank accounts of individuals:

- an unusually large number of counterparties - individuals, for example, more than 10 per day, more than 50 per month;
– an unusually large number of transactions for crediting and (or) debiting non-cash funds carried out with counterparties - individuals, for example, more than 30 transactions per day;
– significant volumes of write-off transactions and(or) crediting non-cash funds made between individuals, for example, more than 100 thousand rubles per day, more than 1 million rubles per month;
– a short period of time (one minute or less) between the crediting of funds and debiting;
– within 12 hours (or more) of one day, operations for crediting and (or) debiting funds are carried out;
– during the week, the average cash balance in the bank account at the end of the operating day does not exceed 10% of the average daily volume of transactions on the bank account during the specified period;
– cash debit transactionscharacterized by the absence of payments in favor of legal entities and (or) individual entrepreneurs to ensure the life of an individual (for example, payment for utilities, communication services, other services, goods, work);
– coincidence of identification information aboutdevice (for example, MAC address, digital fingerprint of the device, etc.) used by different individual clients for remote access to the services of a credit institution for transferring funds.

An account may be considered suspicious ifmeets at least two of the listed criteria. If such accounts are identified, the bank should ensure increased attention to the customer's transactions and conduct additional checks for money laundering.

Mendeleev himself claims that such letters have recently been sent to dozens of bank clients.

Where is it more profitable to buy cryptocurrency? TOP-5 exchanges

For a safe and convenient purchase of cryptocurrencies with a minimum commission, we have prepared a rating of the most reliable and popular cryptocurrency exchanges that support deposits and withdrawals of funds inrubles, hryvnias, dollars and euros.

The reliability of the site is primarily determinedtrading volume and number of users. By all key metrics, the largest cryptocurrency exchange in the world is Binance. Binance is also the most popular crypto exchange in Russia and the CIS, since it has the largest cash turnover and supports transfers in rubles from bank cardsVisa / MasterCardand payment systemsQIWI, Advcash, Payeer.

Especially for beginners, we have prepared a detailed guide: How to buy bitcoin on a crypto exchange for rubles?

Rating of cryptocurrency exchanges:

#	Exchange:	Website:	Rating:
1	Binance (Editor's Choice)	https://binance.com	9.7
2	Huobi	https://huobi.com	7.4
3	Exmo	https://exmo.me	6.9
4	OKEx	https://okex.com	6.5
5	Bybit	https://bybit.com	6.3

The criteria by which the rating is set in our rating of crypto-exchanges:

• Work reliability— stability of access to all functions of the platform, including uninterrupted trading, deposits and withdrawals of funds, as well as the duration of the market and daily trading volume.
• Commissions– the amount of commission for trading operations within the platform and withdrawal of assets.
• Additional features and services— futures, options, staking, NFT marketplace.
• Feedback and support– we analyze user reviews and the quality of technical support.
• Convenience of the interface– we evaluate the functionality and intuitiveness of the interface, possible errors and failures when working with the exchange.
• final grade– the average number of points for all indicators determines the place in the ranking.

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