Opening a bank account in Russia

Julien Founder

Member since 11 March 2005

17 years of happy life abroad

JulienFounder28 September 2011 07:43:18

52924

Hi all,

is it difficult for expats to open a bank account in Russia ?

Which documents are required to open a bank account in Russia ?

How long does it take to open it ?

Is there any restriction for expats regarding the services (loans for instance)聽 ?

Which bank would you recommend ?

Thanks in advance for your participation,

Julien

lifeoftheqc Member

Member since 29 June 2017

lifeoftheqcMember10 July 2017 10:27:48

Sparbank is the easiest.

Joe KomaGawa Member

Member since 23 June 2014

Joe KomaGawaMember13 July 2017 13:59:51

So, I went to聽 study for a month in August of 2016 and again for a month in March 2017. The univ. has a branch of Sver Bank on campus. and I聽 deposited a small amount each time (4 times) but currently there is a restriction on the bank by EU and the US. So I cant directly deposit to my account. I have to carry the money there. I was hoping our new Prez. would lift sanctions, however that isnt happening....

funkibazi Member

Member since 12 February 2018

funkibaziMember12 February 2018 08:40:03

open an account in the country of your birth and have payments sent to there russian branch if possible

Joe KomaGawa Member

Member since 23 June 2014

Joe KomaGawaMember12 February 2018 09:49:38

the key words "if possible". and if not possible, you have to do what I did. I now have a bank account which I can't communicate with when I am outside Russia.

Joe KomaGawa Member

Member since 23 June 2014

Joe KomaGawaMember12 February 2018 09:55:59

thanks for replying. I went again in August 2017 but could not speak to the English speaking bank officer. So I could see that my account existed, and that was all I did.