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Restrictions on money transfers abroad for Russian citizens have been lifted

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Restrictions on money transfers abroad for Russian citizens have been lifted
The Central Bank of Russia announced that starting from December 8, it will lift the existing restrictions on money transfers abroad for Russian citizens and citizens of "friendly states." This was reported by Zamin.uz.

This decision was explained by the stability in the currency market and the improvement of the economic situation. According to the Central Bank, some restrictions will remain in place until June 7, 2026.

In particular, these restrictions apply to non-residents from "unfriendly states" working in Russia. They will only have the right to transfer funds abroad up to the amount of their salary.

For non-residents from "unfriendly states" who do not work in Russia, as well as companies from these states, a complete ban will remain. At the same time, legal entities controlled by Russian citizens will be exempt from this ban.

The Central Bank also announced that there are some relaxations for foreign investors. Specifically, funds belonging to foreign investors and transfers from "In" type accounts abroad are not subject to restrictions.

Additionally, banks from "unfriendly states" will retain the ability to make ruble transfers through correspondent accounts in Russia, provided that the sender's and recipient's accounts are located in foreign banks. These changes represent an important stage in Russia's economic policy aimed at ensuring the stability of the currency market.

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