Oschadbank clarified why clients are haunted by data 'updates'.

The Financial Services Management of Oschadbank informed its clients about the necessity of regularly conducting the procedure of updating personal data. This is required by law to ensure the relevance of information. Instructions for mandatory disclosure of the maximum volume of monetary receipts are posted on the bank's official portal.

The data update procedure involves several simple steps for clients. They receive notifications through the mobile app or personal cabinet and have 30 days to update or confirm information. Detailed instructions are provided for user convenience.

The data update procedure involves several simple steps. The client must click on the relevant message, go to their profile in the 'More' section, check the available information, and confirm its correctness. If necessary, changes can be made in the application and the updated data can be saved.

The bank has set a requirement for clients to be informed about the maximum volume of financial operations, which includes incoming funds. This is necessary to prevent money laundering and financing of terrorism. It is important to correctly determine the expected amounts, including accounts in foreign currency.

The bank explained how to calculate the volume of financial operations. Clients are recommended to provide accurate information regarding expected receipts and update it in a timely manner. Such measures are aimed at ensuring the security of financial operations and compliance with legislation.

Information about the communal platform for homeowners' associations from the bank

An important piece of information is about the communal platform for homeowners' associations from the bank, which allows for convenient bill payments and voting. This is an additional service for users.