Putin has banned the export of more than 1 million rubles in cash from Russia to neighboring countries

Individuals, legal entities and individual entrepreneurs were forbidden to export cash from Russia over 1 million rubles to the EAEU countries (Armenia, Belarus, Kazakhstan, Kyrgyzstan), as well as to Azerbaijan, Tajikistan and Uzbekistan. The decree of President Vladimir Putin published on the portal of legal information.

Exceptions are set for cases of cash transfer through international airports from a special list to be determined by the government. The condition for carrying currency will be the presence of bank statements. The restrictions will also not apply to the transit of cash by legal entities and funds intended for the work of Russian diplomatic missions.

If the ban is violated, cash will be withdrawn. At the same time, legal entities and individual entrepreneurs will withdraw the amount completely, individuals – money in excess of the limit of 1 million rubles.