In Russia, restrictions on foreign transfers for citizens of the Russian Federation and "friendly" countries have been lifted

Виктор Сизов Politics / Countries
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Starting December 8, the Bank of Russia will lift restrictions on foreign currency transfers abroad for Russians and non-residents from "friendly" countries, as stated in the regulator's press release. This decision was made against the backdrop of a "stable situation in the foreign exchange market."

These restrictions were introduced in 2022, according to information from the publication "Meduza." Now, Russians and non-residents from "friendly" countries can transfer up to $1 million (or the equivalent in another currency) to foreign accounts per month, and through money transfer systems — no more than $10,000.

However, for non-residents from "unfriendly" countries, the restrictions remain in place, and they can only transfer abroad an amount equal to their monthly salary if they work in Russia.

The initial restrictions on transfers were introduced in March 2022. In June, the Bank of Russia partially eased them, raising the transfer limit from $150,000 to $1 million. Since then, they have been extended for six months several times, most recently at the end of September 2025, with an extension until March 31, 2026.
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