The Central Bank extended the ban on transfers abroad for non-residents of unfriendly countries
The Bank of Russia has again extended restrictions on the transfer of funds from unfriendly countries from brokers and trustees abroad. The measure will be effective from October 1, 2026 to April 1, 2027, the press service of the regulator said.
The Bank of Russia has again extended restrictions on the transfer of funds from unfriendly countries from brokers and trustees abroad. The measure will be effective from October 1, 2026 to April 1, 2027, the press service of the regulator said.
“The restrictions concern transfers from accounts of both individuals and legal entities opened with Russian brokers and trustees,” the document says. The measure was taken to maintain financial stability, the report said.
Initially, the measures entered into force on April 1, 2022 and have been extended since then. The ban does not apply to foreign investments that are placed in accounts such as "In". These funds can be transferred abroad.
