A special recording procedure for certain securities will be in effect until the end of 2025
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19.09.2024
RESTRICTIONS ON FOREIGN CURRENCY CASH WITHDRAWALS EXTENDED UNTIL MARCH 9, 2025
The Bank of Russia maintains restrictions on cash currency due to current sanctions. For citizens whose foreign currency account or deposit was opened before March 9, 2022, a limit on currency withdrawal in the amount of the balance of funds remains, but not more than 10 thousand US dollars or the equivalent in euros, if such an opportunity has not been implemented earlier. Remaining funds can still be withdrawn in roubles.
For banks, the ban on charging citizens a commission for issuing currency from accounts or deposits has been extended for 6 months.
Currency transfers without opening an account and through electronic wallets shall be issued in roubles.
For non-resident legal entities, cash issuance in US dollars, euros, pounds sterling, Japanese yen is not allowed until March 9, 2025; there are no restrictions for other currencies.
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