Encyclopedia
Client identification
Client identification - the identification of a natural person and the identification of the beneficiary are not carried out by organizations engaged in operations with monetary funds or other property when performing operations for receiving payments from client-natural persons, if the amount does not exceed 15,000 rubles or an equivalent amount in foreign currency equal to 15,000 rubles (except in cases where employees of the organization engaged in operations with monetary funds or other property have suspicions that this operation is carried out for the purposes of legalization (money laundering) of income obtained through criminal means, or financing terrorism)1.
Federal Law No. 121-FZ of June 3, 2009, "On Amending Certain Legislative Acts of the Russian Federation in Connection with the Adoption of the Federal Law 'On Activities Related to Accepting Payments from Individuals Carried Out by Payment Agents'", as amended on June 3, 2009, Art. 3, subpara. a // Official Gazette of the Russian Federation. 2009. No. 23. Art. 2776. ↩