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Outbound cross-border transfers in foreign currency

August 15 2024

Starting September 2, 2024, outbound cross-border transfers in any foreign currency will no longer be available to all bank clients, except for a limited number of corporate clients in large and international businesses. This restriction has been implemented following a decision by the RBI Group in response to an ECB directive. The changes do not affect cross-border payments in rubles to countries that accept them.

We try to give you as much advance notice as possible, given the ever-changing market conditions. Currency payments, properly completed and accepted by the bank for execution before 16:00 Moscow time on August 30, 2024, will be executed under the current terms and restrictions.

We would like to remind you that starting from May 2024, special terms and conditions for transfers in euros via Raiffeisen Online apply to individual customers: the fee will be 1% of the transfer amount, but not more than 500 euros. More details are on the website.

© 2003 – 2025 JSC Raiffeisenbank. General Banking License No. 3292 from 17.02.2015.