The Central Bank of Russia announced that cross-border funds transfers from brokerage and trust management accounts held by non-residents from “unfriendly states” will remain suspended, with the restriction extended for a further six months from 1 October 2025. The suspension covers transfers from accounts of both individuals and legal entities opened with Russian brokers and trust managers, and has been in place since 1 April 2022. Under a presidential executive order, the restrictions on repatriation of funds recorded in In-type accounts with Russian brokers and trust managers and invested in the Russian financial market do not apply to foreign investors and foreign persons acting on their behalf. The Central Bank of Russia linked the decision to maintaining financial stability.
Central Bank of Russia 2025-09-26
Central Bank of Russia extends six-month suspension on cross-border transfers from brokerage and trust accounts of non-residents from unfriendly states
The Central Bank of Russia has extended the suspension of cross-border fund transfers from brokerage and trust management accounts held by non-residents from "unfriendly states" for another six months from 1 October 2025. This restriction, in place since April 2022, applies to accounts with Russian brokers and trust managers but exempts foreign investors and their representatives under a presidential order. The decision aims to ensure financial stability.