Expat Finance Services in Russia

The currency used in Russia, since at least the 16th century has been the ruble, even during the time of the Soviet Union. Bank notes are currently issued in the denominations of 50, 100, 500, 1000, and 5000 rubles. 10 ruble notes were replaced with 10 ruble coins in 2010.


In Russia, there is the central Russian Savings Bank as well as commercial banks, with several international banks such as Citibank in the largest cities such as St Petersburg or Moscow. Opening a bank account in Russia does not take long, it may require a letter from an employer, or simply ID such as a passport. Some banks have checking accounts with debit cards that can be used at Russian ATM machines to withdraw rubles. International debit cards can also be used, but there tend to be high withdrawal fees for using a card at another bank's machine.


A few Russian banks give credit cards to account holders but only if they have a perfect credit history. Credit cards are accepted at larger businesses in the major cities, but not smaller ones. The Moscow International bank even offers an English language version of their online banking website, and they offer euro, ruble or US dollar accounts.

See our guides

Currency Exchange in Russia

Need to transfer money or make a significant purchase abroad? Compare foreign exchange specialists and get the best exchange rate on the market.

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Current Account in Russia

Current accounts specifically created to address your needs as an expatriate. Multi currency, bill payments… find the solutions to your everyday banking needs.

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Offshore Savings in Russia

Compare offshore savings accounts and find the right solution that meets your saving requirements while living abroad.

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Expat Mortgages in Russia

Free and no obligation quotes to help you find the best overseas mortgage. Compare overseas mortgage advisors and make a free enquiry

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Financial Advice in Russia

Get information on investment portfolio building to achieve your investment objectives according to your risk profile.

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Expat Savings in Russia

Make an initial no-obligation enquiry about saving plans, school fees planning, retirement planning. Save money, plan ahead and discover all the attractive options available to you as an expat.

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QROPS in Russia

Learn more about Qualifying Recognised Overseas Pension Schemes. Make an initial no-obligation enquiry to get expert advice on transferring your pension overseas

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Online Broker in Russia

Compare online brokers for forex trading, cfd trading, internet share trading and more..

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US Expat Tax in Russia

American expatriates have the legal obligation to file US tax returns yearly on their income wherever sourced. Get free advice and US tax returns filling quote

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Tax Advisory in Russia

Make an initial no-obligation enquiry on tax planning, tax return or tax issues that you may face as an expatriate.

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