State Duma boosts control over cash payments exceeding 600,000 rbl

MOSCOW, Jul 7 (PRIME) -- The State Duma, Russian parliament's lower chamber, passed in a third and final reading a bill boosting restrictions on cash transactions exceeding 600,000 rubles and postal transfers over 100,000 rubles on Tuesday.

The bill introduces obligatory check of postal orders exceeding 100,000 rubles.

In order to become a law, the bill must be signed by the Federation Council, the supreme chamber of the parliament, and the president.

(71.3409– U.S. $1)

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