Banks are going to change the rules for issuing loans and opening Deposit

several major banks have informed “news” plans to completely abandon the paper at the conclusion of contracts on granting loans, opening accounts, deposits, and card issuance. Thus the customer will not have to wait until the printed, signed and stamped each page of the document.

the Transition to an electronic contract will play into the hands and small business. The loan can be issued for three minutes, and the money will be in the account of the client after about ten minutes, although previously this process could take several days.

However, if necessary, a citizen can still choose the physical format, the newspaper said.

Bank analysts say that the transition to the digital reduces risks when making loans. The paperless system allows you to use several methods — using a personal account and SMS or biometrics.