The August 4 measure exempts foreign individuals and Russian-registered branches of overseas companies from withdrawal limits applied from June 1, 2026.
Russian President Vladimir Putin signed a decree on Tuesday lifting some restrictions that had effectively frozen foreign bank deposits in Russia’s Type C accounts, a mechanism introduced in 2022 to ring-fence funds tied to countries Moscow considers unfriendly. The changes exempt foreign individuals and Russian-registered branches, permanent representative offices, and other structural units of foreign companies from limits that had applied to bank deposits from June 1, 2026. Under the decree, those depositors can freely manage their funds and withdraw ruble equivalents credited to Type C accounts between June 1, 2026, and the document’s effective date of August 4, 2026.