Person to be called in to tax inspection for buying large sums of currency

Banks to establish the identity of persons who affect a deal for a sum of more than 1,000 basic units.

As we have informed, in the beginning of November Alyaksandr Lukashenka signed documents about 100% guarantee of bank deposits return by the state. There was also an article there which annulled declaring deposits. Before that owners of deposits for a sum of more than 2,000 basic units (about USD 33,000) were informed about to the department of financial monitoring, and then to the tax inspection.

It turns out that rich customers of banks would be controlled? – asked “Komsomolskaya Pravda in Belarus” in the National bank.

- We have annulled declaring of deposits, other means which are transferred to bank accounts. But we have international commitments in money laundering fight, - explained head the spokesperson of the National bank Anatol Drazdou. – It’s really so, if you are making a transaction in a bank for a thousand basic units or more (about USD 16,000 now), you are to show your passport or other identity document.

Bankers assure that no declarations or papers are to be filled in, and information is simply to be kept in banks. But there is an exception. Information about those who buy more than USD 16,000, is sent to tax inspection.

- It shouldn’t be forgotten that bought currency is subject to declaring, -- the worker of the national bank said. – If tax inspector asks about the source of your money for buying currency, you must account for that.