BANK Transilvania he has a last-minute announcement for all his clients in Romania, and all clients must know about it, and this is because we are talking about a measure that applies to everyone. Some of you probably learned about the incident last week, in which an employee of BANCA Transilvania disclosed an email received from a customer who had been asked to justify the withdrawal of several tens of thousands of euros, and he said that he was going to consume drugs, and to have sex in Amsterdam.
BANK Transilvania he apologized for the disclosure of that confidential email by one of his employees, but the basis of the situation is a rule imposed by the National Bank of Romania. BANCA Transilvania now explains to all its clients in the country that the BNR requires it to force people to justify the withdrawal of large sums of money from their accounts, and this as part of international regulations in the banking field to combat money laundering, terrorism, etc. .
BANCA Transilvania: ATTENTION, Last Minute Announcement in Romania
BANK Transilvania tells clients that for any kind of transactions, or withdrawals, with a value greater than 50.000 LEI daily, or equivalent in currency, supporting documents are required. In the case of the client from last week, it was about a declaration on his own responsibility regarding the way the money will be used, those from BANCA Transilvania sending it to the National Official for the Prevention and Combating of Money Laundering, as required by law .
For customer protection and to meet legal requirements, banks are required to ask customers for details…
Published by Banca Transilvania pe Monday, July 27, 2020
BANK Transilvania they have to respect the law, just like any other bank, so in situations like this, customers have to explain how they use their money from their accounts, even if it's theirs. These rules come as a result of numerous crimes related to money laundering, but also of acts of terrorism that have occurred over time, so the blame must be placed on those environments, not necessarily on the banks, that facilitated money transfers because it is of people's money.
BANK Transilvania imposes this rule for all natural person clients, in the case of legal entities there are other rules specially designed for these entities.
