Currency operations (payments)
under currency legislation of the Russian Federation

Extract from Federal Law No. 173-FZ of December 10, 2013 "On Currency Regulation and Currency Control":

Article 1. Basic Terms Used in This Federal Law

1. For the purposes of this Federal Law, the following basic concepts are used:

9) currency operations:

a) acquisition by a resident of a resident and the alienation by a resident in favor of a resident of currency values for legal reasons, as well as the use of currency values as a means of payment; ▲

Currency resident

Foreign currency   Foreign securities

Currency resident

б) acquisition by a resident of a non-resident or by a non-resident from a resident and alienation by a resident in favor of a non-resident or by a non-resident in favor of a resident of currency values, currency of the Russian Federation and domestic securities for legal reasons, as well as use of currency values, currency of the Russian Federation and domestic securities as means of payment; ▲

Currency resident

Foreign currency   Foreign securities   Currency of the Russian Federation   Domestic securities

Currency non-resident

в) acquisition by a non-resident of a non-resident and alienation by a non-resident in favor of a non-resident of currency values, the currency of the Russian Federation and domestic securities for legal reasons, as well as the use of currency values, the currency of the Russian Federation and domestic securities as a means of payment; ▲

Currency non-resident

Foreign currency   Foreign securities   Currency of the Russian Federation   Domestic securities

Currency non-resident

г) import into the Russian Federation and export from the Russian Federation of currency values, currency of the Russian Federation and domestic securities;

(as amended by the Federal Law dated December 06, 2011 No. 409-ФЗ) ▲

Currency resident Currency non-resident

Foreign currency   Foreign securities   Currency of the Russian Federation   Domestic securities

Import into Russia Export from Russia

д) transfer of foreign currency, currency of the Russian Federation, domestic and foreign securities from the account opened outside the territory of the Russian Federation to the account of the same person opened in the territory of the Russian Federation and from the account opened in the territory of the Russian Federation to the account of the same person opened outside the territory of the Russian Federation; ▲

Account outside Russia

Foreign currency   Currency of the Russian Federation   Domestic securities   Foreign securities

Account of same person in Russia

е) transfer by a non-resident of the currency of the Russian Federation, domestic and foreign securities from the account (from the section of the account) opened in the territory of the Russian Federation to the account (section of the account) of the same person opened in the territory of the Russian Federation; ▲

Account in Russia Currency non-resident

Currency of the Russian Federation   Domestic securities   Foreign securities

Account of same person in Russia

ж) transfer of the currency of the Russian Federation from the account of a resident opened outside the territory of the Russian Federation to the account of another resident opened in the territory of the Russian Federation and from the account of a resident opened in the territory of the Russian Federation to the account of another resident opened outside the territory of the Russian Federation;

(Sec. "ж" introduced by Federal Law of 02.07.2013, No. 155-FZ) ▲

Account outside Russia Currency resident

Currency of the Russian Federation

Account in Russia Another resident

з) transfer of the currency of the Russian Federation from the account of a resident opened outside the territory of the Russian Federation to the account of another resident opened outside the territory of the Russian Federation;

(paragraphs "з" introduced by Federal Law of 02.07.2013, No. 155-FZ) ▲

Account outside Russia Currency resident

Currency of the Russian Federation

Account outside Russia Another resident

и) transfer of the currency of the Russian Federation from the account of a resident opened outside the territory of the Russian Federation to the account of the same resident opened outside the territory of the Russian Federation;

(Paragraphs "и" introduced by Federal Law No. 155-FZ of July 2, 2013) ▲

Account outside Russia Currency resident

Currency of the Russian Federation

Account outside Russia Same resident

Extract from Federal Law No. 173-FZ of December 10, 2013 "On Currency Regulation and Currency Control":

Article 1. Basic Terms Used in This Federal Law

1. For the purposes of this Federal Law, the following basic concepts are used:

1) currency of the Russian Federation:

a) currency notes in the form of banknotes and coins of the Bank of Russia in circulation as a legal means of cash payment in the territory of the Russian Federation, as well as these currency notes being withdrawn or that have been withdrawn from circulation, but subject to exchange;

b) funds in bank accounts and deposits;

2) foreign currency:

a) currency notes in the form of banknotes, treasury notes, coins in circulation and being a legal means of cash payment in the territory of the relevant foreign State (group of foreign States), as well as these currency notes being withdrawn or that have been withdrawn from circulation, but subject to exchange;

b) funds in bank accounts and bank deposits in the monetary units of foreign States and international monetary or accounting units;

3) domestic securities:

a) issue-grade securities, the nominal value of which is specified in the currency of the Russian Federation and the issue of which is registered in the Russian Federation;

b) other securities certifying the right to receive the currency of the Russian Federation issued in the territory of the Russian Federation;

4) foreign securities - securities, including in uncertificated form, not related to domestic securities in accordance with this Federal law;

5) currency values - foreign currency and foreign securities;