The Central Bank extended the ban on bank commissions for currency withdrawals for six months

The Central Bank extended the ban on bank commissions for currency withdrawals for six months

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The Bank of Russia has extended until March 9, 2023 a ban on banks charging a fee from individuals when issuing foreign currency from deposits or accounts. This was reported by the press service of the Central Bank.

“Also, until March 9, 2023, there will be a ban on fees for converting foreign currencies into US dollars and euros if the conversion was carried out for the subsequent issuance of funds,” the message explains. website regulator.

The ban on charging fees by commercial banks was introduced Central Bank March 11 to September 9, 2022. Then the regulator clarified that the commission withheld from the amount issued to the client up to $10,000 must be credited to his bank account in rubles or issued in cash rubles.

Andrey Sapozhnikov

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