Saturday, November 23, 2024
Elvira Nabiullina Governor of the Central Bank of Russia | Official Website

Bank of Russia simplifies process for banks to take foreign cash abroad

Since April 27, 2024, the procedure for credit institutions in Russia to obtain permits from the Bank of Russia for taking foreign cash abroad has been simplified. Banks are no longer required to submit both opinions on established criteria of damages and an application for taking out worn-out or damaged banknotes simultaneously.

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