The Central Bank extended for six months restrictions on cash withdrawals – Kommersant
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The Bank of Russia extended until March 9, 2024 restrictions on cash withdrawals. According to the restrictions, until the specified date you can withdraw no more than $10 thousand or the equivalent amount in euros. On September 6, the regulator extended for six months the ban on banks charging citizens a commission when issuing currency from accounts or deposits.
“The Bank of Russia maintains restrictions on cash currency in connection with the sanctions in force against our country, which prohibit domestic financial institutions from purchasing cash currency from Western countries,” the statement says. message on the regulator’s website.
The Bank of Russia clarified that for citizens whose foreign currency account or deposit was opened before March 9 last year, the limit on currency withdrawal remains in the amount of the cash balance as of 00:00 Moscow time, but not more than $10 thousand or the equivalent amount in euros, regardless from the currency of the deposit or account, provided that they have not previously implemented such an opportunity.
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