The Central Bank changes the conditions for paying advances under international agreements

By the decision of the Board of Directors of the Bank of Russia dated April 15, 2022, it was established that from April 16, 2022, advance payment in full (without a limit of 30%) can be made under the following types of contracts:

  • for the provision by non-residents to residents of services in the field of tourism and travel, related services of accommodation, accommodation, escort, transportation and other related services;
  • for the provision by non-residents from friendly countries of services to residents in organizing and / or holding or participating in the organization and / or holding of international exhibitions and fairs, congress events, business missions, as well as the provision of such services by non-residents from unfriendly countries in friendly countries;
  • for the provision of repair, installation and dismantling services by non-residents to residents outside the territory of the Russian Federation;
  • for the provision by non-residents to residents of services related to the maintenance and operation, including public utilities, systems, equipment, premises, buildings, structures.