Russia’s central bank has announced that restrictions on foreign-currency cash withdrawals will remain in force until 9 March 2026. First introduced in March 2022 and rolled over every six months since, the curbs are being kept in place, the bank said, in direct response to continuing Western sanctions against Russia.
Detailed rules for individuals
The decree leaves most existing curbs in place.
Clients whose foreign-currency accounts or deposits were opened before 9 March 2022 may still withdraw up to US$10,000 (or the euro equivalent) of the balance that existed on that date; any excess must be converted into roubles at the CBR’s official rate for the day.
Funds placed before 9 September 2022 must be paid out at no less than the CBR rate on the day of withdrawal; cash deposited later may be converted at the bank’s own rate.
Banks are barred from charging customers a commission for foreign-currency cash withdrawals for the next six months.
Incoming cross-border transfers or e-wallet payments that do not involve an account will be disbursed in roubles, again at no less than the CBR rate on the payment date.
Tighter curbs on companies
Corporates face tougher limits.
Non-resident legal entities may not withdraw U.S. dollars, euros, pounds sterling or yen in cash; other currencies are unrestricted.
Resident legal entities (Russian-registered firms) may withdraw those four currencies only to cover business-travel expenses within the statutory limits for the next six months; other foreign currencies can be taken out freely provided the operation complies with Russian law.
The aim is to let companies service essential international business while preventing large-scale capital flight.
Mandatory pre-installation of Russian MAX messenger
From 1 September 2025 every smartphone, tablet and similar device sold in Russia must come pre-loaded with MAX, the state-backed instant-messaging app positioned as a home-grown alternative to WhatsApp and Telegram. Prime Minister Mikhail Mishustin has signed the order, accelerating the drive to create a sovereign digital ecosystem.
Although MAX’s business model is still maturing, exporters are advised to open accounts early and learn the interface. When competitors are still hesitating, forward-looking traders who already chat with Russian clients on MAX will hold a clear advantage.