Central Bank of Russia has established a temporary procedure for issuing funds from currency deposits or citizens accounts. In particular, a ban on withdrawing over $ 10 thousand with currency deposits is imposed. It will be possible to remove more funds, but the rest of the money can be obtained in rubles at the rate on the issue of issuing, it is reported on the regulator website.
Restrictions will act from March 9 to September 9, 2022.
During the period of the temporary order of the currency will be issued in American dollars regardless of the currency of the account. Conversion of other currencies in the US dollar will occur at the market course on the issue of issuing, explained the Central Bank.
Russians can continue to store funds on foreign currency deposits or accounts. All tools are saved and taken into account in the currency in which the score or contribution was opened. The conditions on the deposit or account will not change. Interest on deposits will be accrued as usual, in the currency in which the contribution was open.
The statement adds that investors will have the opportunity to open new currency accounts and deposits, but to remove the funds from them until the temporary procedure for cash currency operates, it will be possible in rubles at the market rate for the issue of issuing.
Among other things, during the term of temporary order, banks will not sell cash currency to citizens. Change the cash currency to rubles can be at any time and in any volume.