The Bank of Russia established a restriction on transfers abroad to spouses and relatives of 5 thousand dollars a month. This was reported by Kommersant with reference to the letter available at the disposal, the authenticity of which was confirmed by the sources of the publication in banks.

The restriction is introduced against the background of the “increased volatility” of the currency market, and the letter signed by the deputy chairman of the Central Bank Yuri Isaev is dated March 3. From the document it follows that the individuals-residents of Russia will not be able to transfer more than 5 thousand dollars from their accounts to spouses and close relatives.

Anton Lopatin, senior director of the analytical group for financial organizations, in a conversation with Kommersant called this a forced measure so that the currency does not get out of the country and does not exert additional pressure on the ruble.

Officially, the Central Bank was not commented on the measure.

What else to read:

Earlier, more than 10 thousand dollars were banned from Russia.
How the authorities are trying to support the Russian economy in conditions of sanctions.

Central Bank limited translations to relatives abroad