From March 9 to September 9, 2022, the Bank of Russia introduces a temporary procedure for cash transactions:

• All client funds on foreign currency accounts or deposits are saved and accounted for in the deposit currency, the client can withdraw up to 10 thousand US dollars in cash, and the rest of the funds in rubles at the market rate on the day of issue.
• In Russian banks, about 90% of foreign currency accounts do not exceed the amount of 10 thousand US dollars, that is, 90% of holders of foreign currency deposits or accounts will be able to fully receive their funds in cash.
• During the period of this temporary order, the currency will be issued in US dollars, regardless of the currency of the account. Conversion of other currencies to USD will be at the market rate on the date of issue.
• Citizens will be able to open new foreign currency accounts and deposits, but it will be possible to withdraw funds from them, while the temporary procedure for operations with cash currency is in effect, in rubles at the market rate on the day of issue.
• Banks will not sell cash to citizens during the term of the temporary order. It will be possible to exchange cash currency for rubles at any time and in any amount.
• Clients of all banks without exception can receive funds from their foreign currency deposits or accounts. Banks may take several days to bring the required amount in cash to a specific branch.