Economic news

Russian central bank to study legality of banks’ plans for fees on FX accounts

2022.06.10 11:36

Russian central bank to study legality of banks' plans for fees on FX accounts
FILE PHOTO: A general view shows the Central Bank headquarters in Moscow January 30, 2015. REUTERS//File Photo

(Reuters) – Russia’s central bank said on Friday it would study the legality of plans by some banks to impose fees on accounts in foreign currency, warning that lenders should not worsen conditions for existing clients.

Banks may not impose commissions on already opened foreign currency accounts, the central bank said.

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