Russia’s Finance Ministry drops plan to limit cash deposits via ATMs.

Russia’s Finance Ministry has abandoned its proposal to set a limit on cash deposits made via ATMs, according to Deputy Finance Minister Alexey Moiseev. Moiseev informed reporters that the idea is no longer being considered. The reason for the ministry's decision to drop the initiative was not disclosed. In early 2026, the Finance Ministry had prepared amendments that would have prohibited depositing over 1 million rubles through a single bank's ATMs.

The restrictions were set to become effective in the fall of 2026. The plan to restrict ATM cash deposits came after Russian President Vladimir Putin requested officials to "restore order" in overseeing cash circulation in the country. In the spring of 2026, several Russian regions began implementing internet restrictions that often prevented people from using cards or ATMs and banking apps.