Tinkoff Reputation

2020: Start of service for reduction of risk of checks Reputation

On June 10, 2020 the Tinkoff Business company announced start of Reputation service which helps business to minimize risk of checks on 115-FZ. Service shows to the companies and entrepreneurs as they look in the opinion of bank in the light of compliance to the "anti-money laundering" legislation.

According to the developer, the Reputation service is a self-diagnostics for owners of business. They will be able always to be aware as the bank estimates the company what it is necessary to pay attention to and how to secure itself against checks.

Service analyzes data on accounts in Tinkoff and estimates business by several criteria:

• how many taxes the company paid from the account;
• how many transfers to cards to natural persons;
• how many cash the company removes;
• balance on the account.

As a result Reputation will show one of two statuses:

• "You have an excellent reputation" — all criteria conform to standards of bank;
• "Your reputation should be improved" — service will prompt what indicators should be improved on what of them can get into risk group and will make recommendations as to make it. For example, will warn if the company displays too much cash or too much money transfers to natural persons.

Having clicked a tab with the situation, the entrepreneur learns how to reduce check probability.

To learn about the probability of bank check on 115-FZ, entrepreneurs can:

• Keep track of the status of the company. The bank pays attention to tax burden, an account balance, volumes of transfers and cash withdrawal. Results of assessment on each indicator are displayed in cards, of them there is an overall rating of reliability of business in the opinion of bank. The more cards "are normal" — the reputation is better.
• Follow recommendations on cards. When indicators have to be improved, on cards the exclamation point appears. In a card there will be councils on the basis of the recommendations of the Central Bank.
• Tell about features of business. When checking the company under law 115-FZ the bank requests documents and asks questions of business. The company can answer them in advance. Then in a disputable situation employees of the bank will not disturb the entrepreneur and will look at all. It is not obligatory to specify the exact amounts — important only that employees of Tinkoff of Business understood how business is arranged.

In case of a strong aberration the personal manager will contact the entrepreneur and will tell that it is necessary to make to improve the status in Reputation.

According to the statement of the developer, Reputation helps entrepreneurs and the companies, irrespective of type of business, number of employees or the system of taxation. It begins to work at once as soon as the entrepreneur opens the account in Tinkoff: at first collects data, and then shows risks on all zones.

As of June, 2020 service Tinkoff, free for all business clients.

We began to test "reputation" in 2019 — when checks on 115-FZ brought upon business a lot of trouble. Within service we actually opened a part of the scoring for clients. Using service entrepreneurs can look at themselves eyes of compliance of bank and if it is necessary, to adjust the actions that the bank did not come to them with additional check. For the last months we developed work of service and started it for all clients — and we see that the number of checks on 115-FZ, really, decreased. We also began to request less documents if questions after all arise because thanks to service business becomes for us more transparent. "Reputation" helps also bank — we do not disturb the client once again if we have doubts on transactions", 'Fedor Bukharov, the vice president of Tinkoff, the director of Tinkoff of Business noted'