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A Krasnodar firm tried to transfer from its account an impressive amount, more than 6.6 million rubles for the purchase of the “gold” from local fields - wheat harvest.

However, the transaction seemed suspicious to the bank and it refused to conduct it, moreover, three times, because the company did not appreciate the VTB\'s intervention in its business operations and showed perseverance.

The relations of the two counterparts almost did stop at all: the financial operator informed the client about the termination of their contract. However, the company decided to seek peace with VTB in court.

The court of the first instance did not justify the hopes of the legal entity, but in the court of appeal the course of the matter has changed dramatically.

The judges found out that the anti-laundering law, to which the bank referred in its claims, was not executed by it in due form. The credit organization, seeing the criminal intent in the actions of the client, first had to ask him for documentation on dubious transactions, which was not done. And most importantly, within 3 days, the VTB bank was obliged to send all the information available to it to Rosfinmonitoring, awaiting the decision of this authorized agency.

Moreover, in the absence of direct orders of that government service to extend the suspension, the bank was obliged to execute the client’s order, instead of which it decided to break off the relations.

The court declared the VTB’s actions as illegal and renewed the contract for the maintenance of the company.

v2b.ru, 17 September 2018