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Cash Restrictions Information System (CRIS)

The Cash Restrictions Information System (hereinafter referred to as the CRIS) is an automatically operating information system, which enables any institution holding the right to forced recovery (hereinafter referred to as the Providers of Orders) to place orders to credit institutions to write off cash and impose restrictions in a uniform approach. The system ensures the sequence of write-offs in accordance with the priority to satisfy the claims and distributes the debtor’s funds proportionally to the institutions holding the right to forced recovery. The system allows controlling the processes related to debtor’s cash restrictions and/or write-offs and ensures effective data exchange among those participating in the cash restrictions process. Institutions holding the right to forced recovery promptly receive information about the execution of their submitted claims.

The providers of orders are judicial officers (bailiffs), the State Tax Inspectorate under the Ministry of Finance, the Customs Department under the Ministry of Finance, the State Social Insurance Fund Board under the Ministry of Social Security and Labour, and the Bank of Lithuania.
The CRIS was launched in September 2015 and, in principle, replaced the procedure existing before that date, namely, when the providers of orders provided data to credit institutions using different systems and methods (in paper and electronically). Therefore, the restrictions on funds and write-offs were not made in timely manner, the recovery process lasted 3 days or longer, and after the debiting of funds subject to recovery, the accounts were not always timely unblocked, so customers were not able to use their own funds for some time. Moreover, the funds were not distributed proportionally to the institutions holding the right to forced recovery having the same order of priority.

Benefits of the CRIS:
  • recovery is carried out centrally under the unified procedure and only electronically;
  • shorter process of imposing cash restrictions and writing off;
  • newly opened debtor’s accounts are automatically restricted;
  • debtor’s funds are distributed proportionally among the institutions holding the right to forced recovery;
  • faster unblocking of accounts of a debtor. 

In 2017, the CRIS was announced the winner of the Digital Content Solutions Competition "Naujasis Knygnešys 2017" (category "Governance and Citizens’ Involvement") as a unique information system that has no analogue in the world. The CRIS represented Lithuania at the United Nations World Summit Awards 2017.

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