Restrictions on cash withdrawals of foreign currency  

The Bank of Russia has extended restrictions on cash withdrawals of foreign currency until September 9, 2026.

For individuals whose foreign currency account or deposit was opened before March 9, 2022, the withdrawal limit remains the balance of funds at 00:00 Moscow time on that date, but no more than USD 10,000 or the equivalent in euros, regardless of the currency of the deposit or account, provided they have not previously exercised this option.❗️

The remaining funds can still be received in rubles. The amount paid may not be less than the amount calculated on the payment date using the official Bank of Russia exchange rate for funds placed in the account before September 9, 2022. Funds placed after September 9, 2022, are paid at the bank's exchange rate on the date of payment.

Banks remain prohibited for six months from charging individuals a fee for withdrawing currency from accounts or deposits.

Foreign currency transfers without opening an account and through electronic wallets are paid in rubles. The amount paid may not be less than the amount calculated on the payment date using the official Bank of Russia exchange rate.

Until September 9, 2026, cash withdrawals in US dollars, euros, pounds sterling, and Japanese yen are not available to nonresident legal entities; there are no restrictions on other currencies.

For the next six months, resident legal entities may withdraw cash US dollars, euros, pounds sterling, and Japanese yen from their accounts only for business travel expenses, within the payment limits established by law. There are no restrictions on other currencies, provided the transactions comply with the requirements of the legislation of the Russian Federation.

Federal Law No. 173-FZ of December 10, 2003, "On Currency Regulation and Currency Control"