Russia Raises Business Transactions Limit via Fast Payment System to 30 Million Rubles

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The Central Bank of Russia plans to increase transaction limits for businesses using the SPB (Russian Unified Payment System) to 30 million rubles. The corresponding draft regulation has been published and is undergoing public consultation.

The proposed change will affect not only transactions between legal entities but also transfers from individuals and businesses to the Russian budgetary system.

This measure is intended to enable businesses to efficiently manage their operations, speed up cash turnover, and facilitate payments to the budget.