The Central Bank of Russia has opened a consultation on raising the Faster Payments System transfer limit to RUB 30 million per payment. The proposed higher limit would cover settlements between legal entities and transfers by individuals and legal entities to Russia's budget system.
Central Bank of Russia consults on raising Faster Payments System transfer limit to RUB 30 million per payment
The Central Bank of Russia proposes a RUB 30 million ceiling per Faster Payments System payment under a draft ordinance released for consultation. The increase would apply to payments between legal entities and budget transfers by individuals and legal entities.