New measures require Russian banks to confirm large ATM withdrawals through customer calls, indicating a shift in fraud detection practices from January 1.

New measures require Russian banks to confirm large ATM withdrawals through customer calls, indicating a shift in fraud detection practices from January 1.

  • supersquirrel@sopuli.xyz
    5·
    17 hours ago

    This is like trying to save a relationship by only letting your partner carry out their stuff from your shared home one box at a time per day. It will not save the relationship…

  • Baggins@beehaw.orgEnglish
    6·
    1 day ago

    What’s a large ATM withdrawal though?

    Here in UK, depending on bank, it’s £250/300 per transaction and a max of £1000 per day.

    Limiting that would piss people off, but they’d just go back the next day for more.

  • aramis87@fedia.io
    22·
    2 days ago

    They did this at the start of the war, as well. It was to help keep the ruble somewhat stable, to prevent bank runs - and to minimize resources available to people who who might be tempted to leave Russia.

    • Valmond@lemmy.dbzer0.com
      8·
      1 day ago

      Since then the ruble has become basically worthless (the ruble economy is so small Nabula/central bank can prop it up) because nobody uses it anymore except russia.

      So quite a different situation IMO. Makes me remember a russian friand back in the day, her parents used all their saved money to send her “abroad” (to france) some year before russia just confiscated all wealth over some, IIRC, 20.000 rubles(?). So she got lucky.

      This smells of authorianism going bankrupty. Or so I hope!

  • Gerudo@lemmy.zip
    13·
    1 day ago

    Well, when it becomes public that you’ve sold off something like half your gold reserves, it doesn’t exactly install confidence in the economy. 100% preventing bank runs.