For the second year in a row, Russians are withdrawing more money from foreign banks than they are transferring there.
In the first nine months of 2026, the net outflow of Russian funds from foreign banks amounted to 17.5 billion rubles. According to the central bank, for the whole of 2025 this figure reached 345.5 billion rubles.
The situation changed after 2022, when Russians transferred a record 2 trillion rubles to foreign accounts. Since then, the volume of transfers abroad has consistently decreased.
At the same time, the total amount of Russians' funds on foreign currency deposits in foreign banks continues to grow. During the nine months of 2026, it grew by 7.6% and reached 6.25 trillion rubles.
Experts point out that it is too early to talk about a massive return of money to Russia. A decrease in funds in foreign accounts may be associated not only with transfers to Russian banks, but also with expenses abroad or investments in other assets.