How to open a RUSSIAN BANK ACCOUNT if you’re ABROAD?
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Can a foreigner open an account in a Russian bank if he or she is abroad? Yes, but not everywhere and not in any bank. Due to the sanctions, the international payment systems Visa and Mastercard do not work in Russia, so foreign nationals, as well as Russians living abroad found themselves blocked from the Russian banking system. But the amendments to the «anti-money laundering» law introduced in 2023 allow to shift the identification of a client to a foreign financial organization. I. e., if a Russian bank concluded a contract with a foreign bank, this partner bank can identify a client located abroad, and then provide the information to the Russian organization. The Russian bank opens an account for the applicant, and upon arrival in Russia, he can get his card. But it’s allowed only in some countries, namely:
Algeria
Armenia
Azerbaijan
Bahrain
Belarus
Brazil
China
Egypt
India
Indonesia
Kazakhstan
Kuwait
Kyrgyzstan
Malaysia
Mongolia
Oman
Pakistan
Qatar
Saudi Arabia
Tajikistan
Thailand
Turkey
Turkmenistan
UAE
Uzbekistan
#Russia, #Law, #Lawyer, #Moscow, #StPetersburg, #TravelToRussia, #ImmigrationToRussia, #LifeInRussia
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