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The Bank of Russia has extended restrictions on transfers abroad.

DATE: April 4, 2023 | AUTHOR: AT

Following limits are valid till 30.09.2023:

  • for currency transfers – no more 1 million $ per month
  • for transfers via funds transfer systems - no more 10 000 $ per month
  • for transfers by non-residents working in the RF – in the amount of salary

It is still prohibited to transfer funds by ‘unfriendly’ non-residents (individuals and entities).

*Residents are Russian citizens and holders of Russian residence permit.

Read the full story here.

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