“Total ban.” Russians transferring money from card to card are surprised Posting in CHAT: Russia New rules for transferring money in Russia From May 12, 2024, new rules for transferring money between bank cards, initiated by the Central Bank, will come into force. These changes will benefit those who frequently transfer money between their accounts at different banks. Previously, such transfers were subject to a limit of 100,000 rubles per month, after which a commission was charged. However, today banks are completely prohibited from paying commissions for transfers between clients’ own accounts at different financial institutions. This means that all transfers between their accounts become free. The maximum transfer amount is 30 million rubles, but most Russians transfer much less during the month. However, it should be noted that the amount of one transfer should not exceed 1 million rubles. Experts believe that the new measure will not only please Russians, but will also contribute to the development of competition between banks, since they will be forced to offer. more favorable conditions and services to attract and retain customers. Source link Source link