TASS reports this with reference to the financial regulator.

It is clarified that the return of funds to electronic wallets will take place during the forced liquidation or bankruptcy of the bank at the expense of money received from the sale of its assets and other property.

“According to the preliminary assessment of the Bank of Russia, the bank has enough funds to return money from citizens’ electronic wallets,” the Central Bank said.

Earlier it was reported that the Central Bank of Russia revoked the license of QIWI Bank.

In addition, the regulator clarified that deposit insurance in the country does not apply to funds in electronic wallets.