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 Post subject: Bank account in Russia
Post Number:#1  PostPosted: 07 Aug 2011 13:27 
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I will be living in Moscow next year and will need a bank account. Can you recommend a respectable bank? Thanks.


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 Post subject: Re: Bank account in Russia
Post Number:#2  PostPosted: 07 Aug 2011 14:11 
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Hi [hi.gif]

Barclays Bank or Sberbank (biggest Nationalised Bank in Russia) are a safe bet.

I know you are new here and like to ask you to introduce yourself, on the introduction forum so we know a little more about you, what is your interest in Russia and also how you came across our Board.

Please do not take my comments as an offence but it is a customary and courtesy and al members have to do it.

wiz

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 Post subject: Re: Bank account in Russia
Post Number:#3  PostPosted: 07 Aug 2011 15:15 
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Thanks. Is the bank affiliated in any way with the British Barclays bank?


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 Post subject: Re: Bank account in Russia
Post Number:#4  PostPosted: 07 Aug 2011 15:45 
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xjessie007 wrote:
Thanks. Is the bank affiliated in any way with the British Barclays bank?


Yes it is part of the International operations...... of Barclays Bank Plc UK.

They have bought last year a small bank with 9 branches around the Russian Federation but of course they do operate under the Russian Law. [biggrin.gif]

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 Post subject: Re: Bank account in Russia
Post Number:#5  PostPosted: 08 Aug 2011 19:21 
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Along with the options posted by wiz another option would be "Bank of Moscow" Image to their website (in English).

You will though find banking in Russia a different experience than what you are used to in the UK.

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 Post subject: Re: Bank account in Russia
Post Number:#6  PostPosted: 09 Aug 2011 14:16 
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If you are going to be in Moscow, I would recommend "Raiffeisenbank", which is Austrian and has branches everywhere in the city. My fiancee has an account with them and she's very happy with the service.


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 Post subject: Re: Bank account in Russia
Post Number:#7  PostPosted: 16 Sep 2011 03:02 
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May I put my rubles worth to this subject, I have been living in Tver which is about oh, I don`t know how far from Moscow anyway, do a Google search i.e Tver so, to continue, when I came here 10 years ago, I had to set up a local bank account called Gazprom Bank so that I was able to receive my annual personal pension from Glasgow via SWIFT wire transfer which by the way is TAX FREE as I have been out of the UK over 5 years anyway, to this day it has now changed to THE BANK OF RUSSIA or whatever it is in Russian so, this is quite a good bank but please remember that Russian banks fees are quite low and that any savings account once again their percentage rates are not very high.

Well, there you go just another day in paradise and for me no problems as I am married well, sort of to a FSU Russian woman citizen in a funny sort of way [rolfsmall.gif] and that I will be getting my annual personal pension this 1st of October 2011 after some devious plan to get this money into her hands is well, I have to be devious myself if you catch my drift so, all in all, Russian banks are O.K and it is up to you too which you decide and just follow you own instincts too whom you choose as there are many banks in Moscow
Thank you for my Rubles worth !! [thanks.gif]


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 Post subject: Re: Bank account in Russia
Post Number:#8  PostPosted: 01 Oct 2011 13:20 
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wicheese wrote:
If you are going to be in Moscow, I would recommend "Raiffeisenbank", which is Austrian and has branches everywhere in the city. My fiancee has an account with them and she's very happy with the service.


Oh, Raiffeisenbank, that is great, I know this bank, I have had some good experience with them. So, that would solve my question, I think. :) Thanks.


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 Post subject: Re: Bank account in Russia
Post Number:#9  PostPosted: 01 Oct 2011 21:49 
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keep most of your money outside of Russia and whatever bank you go with make sure you can access and control your account from outside Russia.


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 Post subject: Re: Bank account in Russia
Post Number:#10  PostPosted: 03 Oct 2011 03:14 
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Julian wrote:
keep most of your money outside of Russia and whatever bank you go with make sure you can access and control your account from outside Russia.


Apparently even Putin does that. That's probably why he was whining about the US printing money, because he was worried that inflation would affect his (alleged) stolen Billions of dollars.


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