Operation 10.4 · Set-off, compensation, novation
Termination of residents' obligations to distribute profit to persons of unfriendly states by set-off on the basis of permits of the Bank of Russia or the Government Commission.
Status
permitted
Verified as of 21 October 2026 · All operations
Instruments
Other operations in this section
10.1Set-off of claims against non-residents and obligations to them, or replacement of obligations with new ones, in foreign-trade activities of legal entities and sole traders.Permitted10.2Performance of obligations under credits/loans to unfriendly creditors above RUB 10 million per month, without crediting a type C account, by other means (set-off, compensation, novation).Permit required10.3The same up to RUB 10 million per month — termination by other means (set-off, compensation, novation).Permitted
Guides
Intra-group loans with a Russian subsidiary: granting, repaying and the permit line
Which direction of lending is free, which needs a permit, how repayment to a Western lender works above RUB 10 million, and the new RUB 30 million limit for capital contributions.
Type C accounts: what goes in, what can come out, and the 2026 changes for deposits
The mechanism behind every “RUB 10 million per month” rule — who must use it, what a balance can be spent on, and what Decrees No. 377 and 550 did this year.