On September 7, 2023, the Central Bank of Russia extended the existing currency restrictions for another six months. These restrictions will remain in force until March 2024.
For legal entities:
For individuals:
For financial organizations:
For legal entities:
- non-resident legal entities cannot withdraw cash in US dollars, euros, pounds sterling, Japanese yen. There are no restrictions for other currencies.
- resident legal entities will be able to receive cash in US dollars, euros, pounds sterling and Japanese yen from their accounts only for travel expenses, based on the payment norms established in accordance with the legislation. There are no restrictions for other currencies.
For individuals:
- for Russian citizens whose foreign currency account or deposit was opened before March 9, 2022, the limit on currency withdrawals of 10 thousand US dollars or the equivalent amount in euros, but no more, provided that they have not previously realized such an opportunity. Thus, it is still impossible to receive money in US dollars or euros.
- amounts over the limit of 10,000 dollars can be received in rubles at the official exchange rate of the Central Bank of Russia on the day of payment.
For financial organizations:
- for banks, the ban on charging citizens a commission when issuing currency from accounts or deposits has been extended for six months;
- banks will be able to sell dollars and euros to individuals without restrictions.