A special recording procedure for certain securities will be in effect until the end of 2025
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21.03.2025
RESTRICTIONS ON FOREIGN CURRENCY CASH WITHDRAWALS HAVE BEEN EXTENDED
The Bank of Russia communicates the following: restrictions on foreign currency cash withdrawals to remain in force until September 9, 2025.
For citizens whose foreign currency account or deposit was opened before March 9, 2022, the limit on currency withdrawals to be kept in the amount of the balance of funds as of March 9, 2022 at 00:00 Moscow time, but not more than 10 thousand US dollars or an equivalent amount in euros, regardless of the currency of the deposit or account, provided that they have not previously converted such option.
The rest of funds can still be withdrawn in roubles. The amount paid cannot be less than the amount calculated as of the date of payment at the official exchange rate of the Bank of Russia with respect to funds credited to the account before September 9, 2022. Funds credited after September 9, 2022, to be issued at a bank's exchange rate effective as of the date of withdrawal.
The ban for banks to collect a fee from citizens for issuing currency from accounts or deposits has been extended for six months.
Currency transfers without opening an account or through electronic wallets should be issued in roubles. In this case, an amount issued cannot be less than the amount calculated as of the date of payment at the official exchange rate of the Bank of Russia.
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