Bank of Russia to lift restrictions on cross-border funds transfers for individuals from Russia and friendly countries on 8 December 2025
5 December 2025
News
Given the stable situation in the foreign exchange market, starting from 8 December 2025, the Bank of Russia will lift previously established limits on cross-border transfers in foreign currency for Russian nationals and individuals from friendly countries.
Over the period from 8 December 2025 through 7 June 2026, the following existing restrictions will remain in force:
- non-resident individuals from unfriendly countries working in Russia are allowed to make cross-border funds transfers in the amount of their wages;
- the ban on cross-border funds transfers is maintained for non-resident individuals from unfriendly states not working in Russia and legal entities from such countries. This restriction is not applicable to foreign companies controlled by Russian legal entities or individuals.
The said restrictions do not apply to funds transfers from In-type accounts to accounts abroad made by foreign investors in the Russian financial market.
Banks from unfriendly countries may transfer funds in rubles using correspondent accounts opened with Russian credit institutions if both payers and payees have accounts with foreign banks.