Russian Central Bank Plans to Introduce Incentive Measures, Offering Economic Rewards to Banks for Using Digital Ruble for Salary Payments

Odaily reported that the Bank of Russia has announced plans to introduce economic incentives for settlements using the digital ruble.

Starting January 1, 2027, commercial banks will receive a reward of 0.67 rubles per executed instruction when corporate clients use the digital ruble to pay official salaries and fulfill other obligations stipulated in labor contracts to employees. The minimum reward amount for a single instruction register is set at 10 rubles. The Bank of Russia expects this move to encourage banks to more actively promote digital ruble salary services to enterprises.

At the same time, the Board of Directors of the Bank of Russia approved a fee of 1 ruble per executed instruction for transfers from businesses to individuals starting in 2027, with a minimum fee of 15 rubles per register. Earlier, Bank of Russia Governor Elvira Nabiullina stated that the digital ruble is designed for state control over fiscal fund flows, and the use of the digital ruble by individuals is not mandatory. (bits)