This will be possible thanks to the development of digital communication channels in the financial sector. Therefore, in order for a credit institution to receive compensation in the event of bankruptcy, it will need to file an application through the public services website.

Account opening via video link is discussed by the Central Bank of the Russian Federation, Rosfinmonitoring and other authorities. The representative of the Central Bank of the Russian Federation expressed the hope that such a mechanism will be positive and will make it possible to refuse personal assets when opening an account. Video identification will be tested under an experimental legal regime.

If the novelty is approved, there will be no need to visit the bank in person, which will save both time and travel costs.

Source: Ferra

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