restrictions on individuals withdrawing cash switzerland telegram data currency (they are currently in effect until March 9, 2024). If the current situation persists, will these restrictions be extended further?
The main reason for introducing this restriction
The sanctions that prohibit the import of foreign currency in cash from unfriendly countries by Russian banks. And while this ban is in effect, we do not see the expediency of lifting our restriction.
At the same time, I would like to remind you that the Bank of Russia has relaxed restrictions on the withdrawal of funds from deposits in cash currency (at first they allowed only dollars to be withdrawn, then euros in the equivalent of $10 thousand) and on the sale of currency.
Making a decision to extend this measure
(every six months), we conduct an analysis. And in principle, we are not currently seeing a significant request to lift the restriction from either clients or banks. We are seeing a serious trend towards 5 common mistakes in ecommerce devaluation, and a significant reduction in the volume of foreign currency deposits.
Speaking of foreign currency deposits, the Central Bank considered alb directory the idea of making increased deductions to the deposit insurance fund for deposits in the currency of unfriendly countries. Are you still discussing this issue?