HelpFor legal entitiesForeign Economic ActivityGeneral informationThe bank does not monitor receipts in Russian rubles up to 10 million rubles?

The bank does not monitor incoming payments in Russian rubles up to 10 million rubles?

Residents have no obligation to identify incoming payments in Russian rubles if the Contract is not registered with an authorized bank. However, The bank has the right to request documents related to any foreign exchange transaction.

According to The bank's Tariff Schedule, a fee for FAWC is charged when the Client identifies incoming funds in foreign currency or the currency of the Russian Federation.

With regard to incoming payments in the currency of the Russian Federation, identification by the Client means the Client's provision of information on the foreign exchange transaction or documents related to the foreign exchange transaction. 

Please note that Residents have no obligation to identify incoming payments in rubles if the contract is not registered with The bank. However, The bank has the right to request documents regarding any foreign exchange transaction.

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