Saturday 19 June 2021

Could Users of Uber Be Penalized?

Banco Nacional customers and users of Uber are not affected by the bank's decision to close the accounts of Uber drivers

The demand and use of Uber in Costa Rica is on the increase. And so is the pressure by the current administration to put Uber to rest, by attacking the driver app company at its drivers.

Banco Nacional customers and users of Uber are not affected by the bank’s decision to close the accounts of Uber drivers

Deeming the service illegal, the administration of Luis Guillermo Solis, being pressured by the taxi drivers, has increased controls by way of the Policia de Transito (traffic police) and as we learned yesterday, possibly through the State bank, Banco Nacional de Costa Rica (BNCR), through its decision to close the accounts of Uber drivers.

- Advertisement -

The bank denies the Central Government applying pressure, rather, the decision is based on law and the bank’s concern of the inflow of “illegal funds” into its accounts, similar to any other deposit coming from an illegal activity.

OK, so we know that customers who have an account at the Banco Nacional may have their accounts closed if the bank detects that the deposits are coming from being an Uber driver.

But what about Banco Nacional customers who pay for an Uber service with cards linked to their Banco Nacional account?

The bank is clear, users of Uber who pay for the service because in this case the funds in the Banco Nacional are not at risk, as customers have the right to spend their money for any service they choose.

- Advertisement -

The bank also stated that “it is not after UBER drivers as a specific objective to force them out” and it is not closing accounts en masse, rather, only if it detects deposits coming from Uber. In that case, customers will be notified and will have 10 days to bring their account in line with policies of the bank, after which it will move to close the account and issue a cheque to the account holder for the funds in the account.

The bank says that, for now, the only way to detect that money comes from Uber is by detailing each transaction.

Although the Banco Nacional is the only financial institution to take this action so far, it assures that all banks run the same risk of allowing illegal funds to be deposited into their accounts.

 

- Advertisement -

FACT CHECK:
We strive for accuracy in its reports. But if you see something that doesn’t look right, send us an email. The Q reviews and updates its content regularly to ensure it’s accuracy.

Ricohttp://www.theqmedia.com
"Rico" is the crazy mind behind the Q media websites, a series of online magazines where everything is Q! In these times of new normal, stay at home. Stay safe. Stay healthy.

Related Articles

In hail of bullets in mortal assault in Limon

QCOSTARICA - The Organismo de Investigación Judicial (OIJ) recovered more than...

US$90 Million for Banking Sector

QCOSTARICA - With the aim of strengthening the liquidity of Costa...

MOST READ

Tourism sector depends on political will for recovery

QCOSTARICA - The future of tourism operators in Costa Rica depends on the political will to approve a package of bills that favors the...

Today’s Vehicle Restriction June 16: 5 & 6 CANNOT circulate

Today, Wednesday, June 16, vehicles with plates ending 5 & 6 CANNOT circulate The measure is countrywide and applied between 5:00 am and 9:00 pm,...

On Monday the vehicle restriction will change, again

QCOSTARICA - In times of pandemic, things change constantly, especially when it is necessary to tighten the belt to reduce the contagion of covid-19. The...

Nathalie Álvarez Mesén’s feature debut, Clara Sola, ready for the Cannes Directors’ Fortnight

Q ENTERTAINMENT (CINEUROPA) Nathalie Álvarez Mesén’s debut feature, Clara Sola, is ready to take part in this year’s Directors’ Fortnight at the Cannes Film...

Plate rupture has potential for stronger quakes

QCOSTARICA - The 5.7-magnitude tremor, felt at 5:27 pmon Thursday, occurred in a maritime zone with the potential for stronger earthquakes, explained Ivonne Arroyo,...

Internet speed decreases during peaks in service

QCOSTARICA - Ever wonder why your surfing on the Internet slows down, to even a crawl, mainly in the evenings? This is due to...

Your cell phone can now notify you if you had contact with a positive case of covid-19

QCOSTARICA - Fifteen months after the national emergency against covid-19 was declared, Costa Ricans will have a digital platform where you can be notified...

American woman found lifeless in hotel bathroom in Sabana

QCOSTARICA - A sad discovery occurred this Thursday morning in a hotel located in La Sabana, in San José, the lifeless body of a...

Heavy downpours generated the first phreatic eruption of this year at the Turrialba volcano

QCOSTARICA - Several residents of La Pastora, La Central and Monte Calas, in the vicinity of the Turrialba volcano, heard a loud rumbling early...

WANT TO STAY UP TO DATE WITH THE LATEST!

Get our daily newsletter with the latest posts directly in your mailbox. Click on the subscribe and fill out the form. It's that simple!

Log In

Forgot password?

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Add to Collection

No Collections

Here you'll find all collections you've created before.