The Bank of Russia just announced the official rollout of the digital ruble. Starting September 1, major banks and retail giants will open up the infrastructure for transactions with Russia’s new digital currency. This move lets anyone in the connected ecosystem start using the digital ruble for day-to-day operations.

How to Open a Digital Ruble Account

If you want a digital ruble account, you’ll be able to open one directly on the Bank of Russia’s platform through apps from participating banks. The account itself sits with the central bank, but you’ll access it through your bank’s interface, just like you do with other financial services.

Deposit Limits and Number of Accounts

For individuals, there’s a top-up limit: you can transfer up to 300,000 rubles per month from your regular bank accounts into your digital ruble account. There’s no cap for businesses.

Each person or company gets just one digital ruble account. If you’re a sole proprietor, you get two: one as a regular individual and a separate one for your business activities.

What Changes on September 1

With the new infrastructure going live, market participants will finally have the technical tools to use the digital ruble on the Bank of Russia’s platform. What you can do—and how you access it—depends on which banks and retailers are plugged into the central bank’s system.