×
Interested in our Partner Program for businesses or our Local Guide Program for experienced expats and digital nomads? Click here to learn more.
Russia | Where should I setup a bank account in Russia? | Expat Exchange
Expat Exchange
Free MembershipSign In
New Holland Island in St. Petersburg, Russia

Where should I setup a bank account in Russia?

Answer this Question

GeoBlue
GeoBlue
GeoBlue
GeoBlue

We asked expats in Russia what banks they use and there advice about banking. They advised...

"Yes, Raiffeisen Foreign currency accounts offered including Dollars, Euro, Sterling. No charge for transferring funds between accounts when using internet banking services. Full internet banking service available," remarked another expat who made the move to Moscow, Russia.

"Before retiring in Russia, expats should familiarize themselves with the local language and culture. It is also important to research the cost of living in the area they plan to retire in, as well as the availability of healthcare and other services. Additionally, expats should make sure to obtain the necessary visas and permits to live and work in Russia. Finally, it is important to understand the local laws and regulations, as well as the tax system, to ensure a smooth transition into retirement," explained one expat living in Russia.

AGS Worldwide MoversAGS Worldwide Movers
Get Quote

Relocating abroad soon? Make your move with AGS! AGS Worldwide Movers is a leader in the international moving industry. Our experience and expertise allows us to guarantee our clients the best quality moving services.

AGS Worldwide MoversAGS Worldwide Movers

Relocating abroad soon? Make your move with AGS! AGS Worldwide Movers is a leader in the international moving industry. Our experience and expertise allows us to guarantee our clients the best quality moving services.
Get Quote

Other Questions:

Where should I setup a bank account in Russia?

If you live in Russia, newcomers to Russia would love to hear your answer to this question.

If your answer relates to a specific city or town in Russia, please include the name of the city/town below:


About the Author

Betsy Burlingame Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.

Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.

New Holland Island in St. Petersburg, Russia
AGS Worldwide Movers
AGS Worldwide Movers

AGS Worldwide Movers can move you to and from anywhere in the world.
Get Quote

AGS Worldwide MoversAGS Worldwide Movers

AGS Worldwide Movers can move you to and from anywhere in the world.
Get Quote

GeoBlue
GeoBlue

Copyright 1997-2025 Burlingame Interactive, Inc.

Privacy Policy Legal Partners & Local Guides