Bank of Russia extends restrictions for non-residents from unfriendly states to transfer money abroad from brokerage and trust management accounts
23 March 2023
News
From 1 April 2023, these operations will be suspended for another six months.
The restriction is applicable to money transfers from both individuals’ and legal entities’ accounts opened with Russian brokers and trust managers. The restriction was introduced on 1 April 2022.
This decision has been made to maintain financial stability.