Encyclopedia

Transfer of funds between beneficiaries


Movement of funds between beneficiaries — transfers of funds belonging to beneficiaries from one nominal account to another without changing the balance of funds on the nominal account1.

  1. Federal Law No. 161-FZ dated June 27, 2011 "On the National Payment System", as amended on July 25, 2022, Article 14.3, paragraph 3 // RSZ RF. 2011. No. 27. Item 3872. ↩