The Central Bank of Russia has extended existing restrictions on money transfers abroad for another six months, applying from 1 April through 30 September 2025. Russian citizens and non-resident individuals from friendly states may continue to transfer up to USD 1 million (or the equivalent in another foreign currency) per month to accounts with foreign banks. Transfers via funds transfer systems remain capped at a total of USD 10,000 (or equivalent) per month, calculated using the official exchange rate as of the date the bank receives the transaction order. Non-resident individuals working in Russia, from both friendly and unfriendly states, may transfer funds abroad up to the amount of their salary, while the ban on transfers abroad continues for non-resident individuals from unfriendly states who do not work in Russia and for legal entities from such countries, with an exception for foreign companies controlled by Russian legal entities or individuals. Banks from unfriendly states may transfer rubles using correspondent accounts with Russian credit institutions if both payer and payee hold accounts with foreign banks.
Central Bank of Russia 2025-03-21
Central Bank of Russia extends outbound money transfer restrictions keeping USD 1 million monthly cap through September 2025
The Central Bank of Russia has extended restrictions on money transfers abroad from 1 April to 30 September 2025. Russian citizens and non-residents from friendly states can transfer up to USD 1 million monthly, while transfers via funds transfer systems are capped at USD 10,000 per month. Non-residents from unfriendly states who do not work in Russia and legal entities from such countries remain banned from transferring funds abroad, except for foreign companies controlled by Russian entities.