Bank of Russia lifts limits on foreign currency transfers abroad

As of December 8, 2025, the Central Bank of Russia (https://www.cbr.ru/press/event/?id=28158) is taking an important step toward simplifying currency transactions. In the current conditions of stability in the foreign exchange market, the previously established limits on foreign currency transfers abroad will be lifted for Russian citizens and individuals who are non-residents from friendly countries. This decision will be a significant improvement for many who have faced restrictions on money transfers.

However, it is worth noting that some restrictions will remain in place during the transition period from December 8, 2025, to June 7, 2026. Individuals who are non-residents from unfriendly countries will be able to transfer abroad only funds equal to their salary. In addition, the ban on transfers will remain in effect for individuals who do not work in Russia and legal entities from unfriendly countries.

It is important to emphasize that these restrictions do not apply to foreign investors making investments in the Russian financial market. They may transfer funds from type “Ин” accounts to accounts abroad without any obstacles.

It is also worth noting the opportunity available to banks from unfriendly states. They will be able to transfer funds in rubles through correspondent accounts opened with Russian credit institutions, provided that the payer’s and recipient’s accounts are held with foreign banks.

Thus, with the adoption of the new measures, it will become significantly easier for our resettlers from a number of countries to deal with the transfer of funds. As the Bank of Russia noted, “this decision is aimed at simplifying currency regulation and creating more comfortable conditions for citizens.”