BRD Romania has issued an official warning aimed at all its customers from all over the country, and this is because it is obliged to take a series of measures that some will probably not consider so popular. Considering the popularity of cryptocurrencies, those from BRD Romania warn their clients from all over Romania that they follow very carefully the transactions they make to make sure that they do not in fact hide their illegal actions.
BRD Romania says that it received a directive from the National Bank of Romania that obliges it to take measures of this kind, but they are not the only ones that the bank is implementing throughout the country in the following period. Those from BRD Romania say that they look carefully at the transactions involving cryptocurrencies to see if the people who make them have the updated data, and from what the bank knows about them, there are reasons to believe that there are no illegal actions in their backs.
BRD Romania: Official Notice for All Customers
BRD Romania warns its clients that if they make transactions with cryptocurrencies, it is possible to ask them to prove with documents the source of the money used for these transactions. Here we are talking about something that not only BRD Romania does, but something that we have also seen at other banks in Romania, and all these measures are imposed because for some time cryptocurrencies have been used to finance illegal activities, including terrorism.
BRD Romania says that even the companies that administer the digital wallets are targeted by these measures that it imposes throughout the country, so that it is possible for them to refuse to offer them bank accounts. Practically, all those who play with cryptocurrencies risk being more closely monitored by BRD Romania, and being asked for documents justifying the source of the money invested, if they do not have salaries or other clear sources of income to support the activity.
BRD Romania has all this information officially available directly on its website, so you can read there how exactly it wants to monitor cryptocurrency activity.
