Bank of Russia extends restrictions on money withdrawals abroad for another six months
The restrictions will be effective from 1 October 2022 through 31 March 2023.
Citizens of the Russian Federation and friendly countries will still be able to transfer up to 1 million US dollars during a month to any accounts with foreign banks and up to 10,000 US dollars (or an equivalent in another foreign currency) via funds transfer systems. The amounts of transfers are calculated at the official exchange rate of foreign currencies against the ruble as of the date when the bank receives the transaction order.
Besides, non-resident individuals working in Russia, whether they are from friendly or unfriendly states, are allowed to transfer funds abroad in the amount of their salary.
As to non-resident individuals from unfriendly states not working in Russia and legal entities from such countries, the ban on money transfers abroad remains effective.