According to the document, according to RIA Novosti, a bank deposit agreement in foreign currency concluded with a legal entity may provide for the collection of a commission, the amount of which may exceed the amount of interest paid on the deposit.

It is noted that the change is aimed at reducing the concentration of funds in foreign currency on bank deposits.

Earlier, the first deputy chairman of the Central Bank, Ksenia Yudaeva, said that the Bank of Russia is considering the feasibility of the idea of ​​giving banks the right to set negative rates on foreign currency deposits of legal entities.

In October 2019, the Bank of Russia already allowed the introduction of negative rates for deposits in foreign currencies.

If introduced, banks would be able to charge a fee for holding euros, yen or Swiss francs.

On June 17, Russian President Vladimir Putin said that confidence in world currencies had been undermined by Western countries for the sake of ambition and outdated geopolitical illusions.