The Central Bank states that requiring the disclosure of the source of funds when withdrawing a deposit is illegal.

The regulator reported that individuals are not required to provide information about the origin of funds when withdrawing money from deposit accounts.

If a financial institution requests information regarding the origin of funds when withdrawing money from a bank account, citizens can contact the Consumer Protection Service for Banking Services at the Central Bank.

Earlier, information circulated on social media claiming that banks require clients to provide data about the origin of funds when withdrawing money from deposit accounts.