Bank of Russia eases further earlier introduced FX restrictions
Since 1 July 2022, individuals — Russian residents may transfer no more than 1 million US dollars or an equivalent amount in another foreign currency during one calendar month from their accounts with a Russian bank to their foreign accounts or to another individual abroad.
The same limit has been set for transfers made by individuals — residents of friendly states.
Previously, these transactions were limited to 150,000 US dollars. The limits on money transfers have been raised owing to a stable situation in the domestic foreign exchange market.