What documents you need, how the branch process works, and what to watch out for with cards, fees, and online banking.
A Russian bank account is essential for daily life. Rent, shopping, salary – impossible without a local account. We explain how to open one quickly.
Compare branch networks, app quality, and card offers. Sberbank has the most branches, T-Bank is purely digital.
Walk-in is common for many banks. Appointments can be faster. Bring your passport and all documents.
You need your passport with visa, migration card, and registration. Sometimes a tax ID (INN) is requested.
Sign the contract and choose your package. You often get a "Momentum" card instantly, or a personalized one in days.
Install the banking app. Ask staff to help you log in and enable push notifications while you are there.
Use the app for free transfers (SBP) and to track expenses. Be aware of daily cash withdrawal limits.
Without official registration, opening an account at major banks is difficult to impossible.
Debit cards (MIR) are standard. Real credit cards are rare for foreigners without credit history.
Domestic transfers via phone number (SBP) are instant, easy, and usually free.
Apps and support vary. Check reviews or ask expats. T-Bank generally has good English chat support.
| Item | Cost (monthly) |
|---|---|
| Basic Account | 0 – 2 EUR |
| Premium Package | 15 – 30 EUR |
| Standard Debit Card | Free |
| Extra Card | 0 – 5 EUR |
| Service | Cost |
|---|---|
| ATM Withdrawal (other bank) | 1 – 3% (min. 1-2 EUR) |
| SBP Transfers | Free (up to limit) |
| Int'l Payments | Restricted |
| SMS / Push Info | ~1 EUR / month |
Bring originals of all documents. Make copies for yourself just in case.
Compare fees closely. A basic account is often enough if you don't need perks.
Enable push notifications for all transactions. Set limits in the app and know how to freeze your card.
It's verified strictly. Most banks demand proof of where you stay (registration).
Yes, T-Bank (Tinkoff) delivers cards via courier. But you still need to meet personally for ID check.
Due to sanctions, transfers to/from abroad are very limited. Check current methods (Crypto, etc.).
Major banks often have English speakers, but don't rely on it. Google Translate helps.
Hard for foreigners without credit history here. Debit cards are the norm.