Russians will be able to deposit cash into their accounts via ATMs…
Russians will be able to deposit cash into their accounts via ATMs of any banks connected to SBP.
Consensus
- The volume of cash in circulation in Russia increased significantly in July 2026.
- The increase in cash demand began in February 2026 and continued through July.
- The Central Bank of Russia reported that the growth in cash holdings was the highest since the start of 2026.
- The rise in cash usage is linked to tax changes and mobile internet outages.
- A new 100-ruble banknote was introduced into circulation on July 10, 2026.
- The new banknote features a stylized image of the Central Federal District on the reverse side.
Points of divergence
- The number of thefts through the System of Fast Payments (SBP) reached a record high in Q2 2026, with over 129,000 cases and total losses of 2.74 billion rubles, with only 2.1% recovered. — tg_moscowtimes_ru
- Small businesses are increasingly switching to cash payments due to tax increases, and some companies avoid showing full turnover; cash discounts of up to 20% are common, making cash more attractive than electronic payments. — tg_chertamedia
- Starting October 1, 2026, Russians will be able to deposit cash into their bank accounts via ATMs of any bank connected to SBP, with limits of 25,000 rubles per transaction, 50,000 rubles daily, and 200,000 rubles monthly, and banks may charge fees. — gazeta_spb
Coverage (9 sources)
- From October, Russians will be able to deposit cash into their account via ATMs of any bank - Gazeta SPb RU - news from Saint Petersburg — Gazeta.SPb
- The Central Bank reported record thefts of money from Russians through the Fast Payment System — The Moscow Times
- In July, Russians and business held even more cash in their hands — Московский кэш
- Cash demand in Russia reached a maximum since the beginning of 2026 — Вечерняя Москва
- Demand for cash in Russia reached a maximum since the beginning of the year — Коммерсантъ
- Russians are noticeably more often taking out cash loans: for January-July banks issued 2.9 trillion rubles, which is 64% more than last year — Московский кэш
- Russians are cashing out more frequently. In July, nearly 600 billion rubles were withdrawn from banks — this is 39% more than in June — Черта
- Demand for cash in Russia grew by 39 percent in July - SPB Newspaper - Saint Petersburg news — Gazeta.SPb
- Russians are actively withdrawing money from banks — Московский кэш