Transit and foreign currency account: what is the difference?

According to Clause 5.7.4 of Bank of Russia Instruction No. 181-I, a Resident must register a Contract (Loan Agreement) without specifying the total amount of obligations within the following timeframes:

1. When foreign currency or the currency of the Russian Federation is debited under a contract (loan agreement), as well as when foreign currency or the currency of the Russian Federation is credited from a non-resident - no later than the deadline for the resident to submit documents related to the execution of transactions, during the transaction as a result of which the settlement amount under the import contract (loan agreement) will be equal to or exceed the equivalent of 3 million rubles, and under the export contract will be equal to or exceed the equivalent of 10 million rubles. 

2. No later than the date of submission of the goods declaration, or the document used as a goods declaration, as a result of which the value of the goods under the import contract will be equal to or exceed the equivalent of 3 million rubles (under the export contract, it will be equal to or exceed the equivalent of 10 million rubles). 

3. When obligations under a contract (loan agreement) are fulfilled by methods other than those specified above – no later than the deadline for submitting the statement of supporting documents in connection with the fulfillment of obligations under the contract (loan agreement) in an amount equal to or exceeding the equivalent of 3 million rubles under the import contract (loan agreement), or equal to or exceeding the equivalent of 10 million rubles under the export contract.