Narat RNKO

JSC Settlement Non-Bank Credit Institution (RNKO) "Narat" (Republic of Tatarstan) opens and maintains bank accounts of legal entities, carries out money transfers on behalf of legal entities, including correspondent banks, on their bank accounts, is engaged in the collection of funds, bills of exchange, payment and settlement documents, cash service of individuals and legal entities, money transfers without opening bank accounts.

In May 2021, the license for banking operations was revoked from RNKO Narat (Kazan), which is not a member of the deposit insurance system. In terms of assets, RNKO Narat took 388th place in the banking system of the Russian Federation.

According to the Central Bank of the Russian Federation, Narat RNCO violated the laws that regulate banking activities, as well as the regulations of the Central Bank, in connection with which the regulator has repeatedly applied measures to it over the past 12 months, including imposing restrictions on the implementation of certain banking operations.

In addition, Narat violated the requirements of the legislation in the field of combating the legalization (laundering) of proceeds of crime and the financing of terrorism.

The activity of RNKO "Narat" was characterized by involvement in conducting opaque operations aimed at ensuring settlements between individuals and illegal online casinos and bookmakers, including using P2P translations, as well as dubious transit operations.