Russia Abandons ATM Cash Limits Plan

The Ministry of Finance has no plans to impose a limit on cash withdrawals at ATMs.

Consensus

The Russian Ministry of Finance has no current plans to introduce limits on cash withdrawals from ATMs.
Alexei Moiseev, Deputy Minister of Finance, stated that such plans are not being discussed.
The announcement was made during the Eastern Economic Forum in 2026.
The Ministry of Finance previously considered restricting monthly cash deposits through ATMs to 1 million rubles.
The initiative was part of a government-wide effort to 'clean up' the economy and reduce the shadow economy.
President Vladimir Putin called in December 2025 for stronger control over cash circulation as part of this effort.
The proposed measures were tied to amendments to the Federal Law 'On Banks and Banking Activities'.

Ministry of Finance has completely abandoned the idea of limiting cash deposits through ATMs, and the plan is 'already not being discussed'. — meduza
Internet restrictions in spring 2026 made it difficult to use cards, ATMs, and banking apps. — meduza
The Ministry of Internal Affairs proposed limiting cash withdrawals from store counters and NFC-based transfers. — kommersant
The Ministry of Finance had planned for the deposit limit to take effect in autumn 2026. — interfax