When is a transaction passport drawn?
Transaction passport is drawn while carrying out currency operations between residents and non-residents, i.e. while carrying out calculations and transfers through resident’s accounts opened in authorized banks and also through accounts in the non-resident bank:
- for goods, performed works, rendered services, transferable information and intellectual property (including exclusive rights for it) exported from the customs territory of the Russian Federation or imported to the customs territory of the Russian Federation according to the foreign trade agreement (contract) concluded between the resident (legal entity or individual entrepreneur) and non-resident;
- in case of provision of non-residents with loans in foreign currency and currency of the Russian Federation by residents, and also while obtaining credits and loans in foreign currency and currency of the Russian Federation from non-residents according to the credit agreement.
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