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Russian Banks, Wire Transfers

 
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start-wearing-purple
Frequent Guest


Joined: 05 Mar 2008
Posts: 22
Location: Pittsburgh, PA, USA

PostPosted: Wed Apr 02, 2008 7:46 am    Post subject: Russian Banks, Wire Transfers Reply with quote

Hello again, everyone! I'm wondering if it would be better for me to open a bank account in Piter and just wire transfer money into that account from my State-side bank to save on ATM charges. I'll be in Piter from the end of May through mid September, and I'm told taking cash out from an ATM on a regular basis is necessary. I'd save a lot of money by just getting an account with a Russian bank, no?

Also, if it's worth the hassle for a 4 month stay, which bank would be best to go with?

Many thanks!
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camarks
Moderator


Joined: 30 Sep 2005
Posts: 333
Location: Richmond, VA USA

PostPosted: Thu Apr 03, 2008 5:58 am    Post subject: Reply with quote

When I looked into wiring money to Russia, my bank always wanted $50 or more to do this. I quickly determined that ATM fees are much lower unless one is transfering large sums of money. Your bank may have a different fee structure. Good luck,
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