Individuals’ transfers to their own foreign accounts within Bank of Russia limits

What it says⧉

Resident individuals may credit foreign currency to their own accounts with foreign banks, transferred from accounts with Russian banks or without opening a bank account (including e-money transfers), up to the limits on such transfers set by the Bank of Russia. The permit applies from 6 March 2022 and has no time limit.

Status, October 2026⧉

In force. The Bank of Russia lifted the amount limit for these transfers from 8 December 2025 (navigator cards 1.1 and 1.2).

Unofficial translation⧉

Unofficial translation by BCA Unternehmensberatung UG. Only the Russian text is authoritative: Russian original on usd.bcaun.com · publication of the Ministry of Finance ↗. Lapse notes are editorial and not part of the extract.

Paragraph 1⧉

1. Guided by paragraph 16 of the Rules for the Issue by the Government Commission for Control over Foreign Investment in the Russian Federation of Permits for the Purpose of Implementing Additional Temporary Economic Measures to Ensure the Financial Stability of the Russian Federation, approved by Resolution of the Government of the Russian Federation No. 295 of 6 March 2022, the Sub-commission of the Government Commission for Control over Foreign Investment unanimously decided to permit resident individuals, with effect from 6 March 2022, to credit foreign currency to their accounts (deposits) opened with banks and other financial market organisations located outside the territory of the Russian Federation, in an amount not exceeding the limits on such transfers from the Russian Federation set by the Bank of Russia:

from accounts opened with credit institutions located in the territory of the Russian Federation;

without opening bank accounts, including transfers of electronic money from the Russian Federation.

Paragraph 2⧉

2. To establish that the above permit is valid without time limit.

Operations that rest on it⧉