As of September 23, 2026, the Central Bank of Russia is implementing new requirements for checking the origin of cash deposited into accounts by individuals and legal entities. This decision aims to increase the transparency of financial transactions and combat money laundering.
New Requirements for Banks
According to the new rules, banks are required to verify the origin of cash not only during large transactions but also when funds are deposited into accounts. This applies to both the deposit of rubles and currency exchange. Such measures are intended to ensure control over financial flows and prevent potential violations.
Purpose of the New Regulations
The main goal of the new requirements is to enhance financial security in the country. The Central Bank believes that monitoring the origin of cash will help detect and prevent financial crimes such as money laundering and terrorist financing. The implementation of these norms is part of a broader strategy to improve Russia's financial system.