The World's #1 Russian, Ukrainian & Eastern European Discussion & Information Forum - RUA!

This Is the Premier Discussion Forum on the Net for Information and Discussion about Russia, Ukraine, Eastern Europe and the Former Soviet Union. Discuss Culture, Politics, Travelling, Language, International Relationships and More. Chat with Travellers, Locals, Residents and Expats. Ask and Answer Questions about Travel, Culture, Relationships, Applying for Visas, Translators, Interpreters, and More. Give Advice, Read Trip Reports, Share Experiences and Make Friends.

Author Topic: Post Sanctions: Sending Money to Russia & Using Russian Bank Cards  (Read 1076 times)

0 Members and 1 Guest are viewing this topic.

Offline Manny

  • Moderator
  • Member
  • *
  • Posts: 19084
  • Country: gb
  • Gender: Male
  • Spouses Country: Russia
  • Status: Married
  • Trips: 20+
I found a drawback with Wise (formerly Transferwise). As a US firm, they’ve joined the party and are preventing transfers to Russia in any currency.

No great hardship to me as I’ve other means to do what I need to do. But it will inconvenience folks who send a few bob to Russia to help out the folks, etc.

As of yesterday, transfers to Ukraine were still working.
Read a trip report from North Korea >>here<<

Look what the American media makes some people believe:
Putin often threatens to strike US with nuclear weapons.

Online andrewfi

  • Supporting Member
  • Member
  • *
  • Posts: 20066
  • Country: gb
  • Gender: Male
    • Articles About Almost Anything!
Re: Post Sanctions: Sending Money to Russia & Using Russian Bank Cards
« Reply #1 on: March 03, 2022, 06:27:09 AM »
I found a drawback with Wise. As a US firm, they’ve joined the party and are preventing transfers to Russia in any currency.

No great hardship to me as I’ve other means to do what I need to do. But it will inconvenience folks who send a few bob to Russia to help out the folks, etc.

As of yesterday, transfers to Ukraine were still working.

Actually, they're British these days. Started out in Estonia. However, the UK seems to be the most rabid of the dogs nipping at the bear's hamstrings.

An option that presents itself at the moment is to use crypto. Crypto is legal for use in Ukraine and is becoming so in Russia. There's been a lot of crypto activity in both countries in recent days.

For those who made the mistake of using Paypal to 'buy' crypto, sorry, you're out of luck. You cannot send the crypto you thought you bought outside of Paypal. You have to sell it into dollars, sterling, whatever and send the currency in that form.
...everything ends always well; if it’s still bad, then it’s not the end!

Online Gipsy

  • Member
  • *
  • Posts: 2713
  • Country: 00
Re: Post Sanctions: Sending Money to Russia & Using Russian Bank Cards
« Reply #2 on: March 03, 2022, 06:57:20 AM »
Visa, MC, and others issued by Foreign (to Russia) banks, are not working in Russia, so cash drawdown/purchases cannot be made..
Crypto is very difficult to work with in small amounts ( a few hundred $), though it may be still possible to find a small buyer, but with the possibility of a large value markup..
There may still be some P2P working, I have not looked..
PayPal has stopped all transfers of funds to Russia..
There may be the option, if one has a Chinese bank acc, of transfers into China and onward to Russia, but that's a guess..
Bridge is a lot like sex, either you need a good partner, or a decent hand... Woody Allen


Online andrewfi

  • Supporting Member
  • Member
  • *
  • Posts: 20066
  • Country: gb
  • Gender: Male
    • Articles About Almost Anything!
Re: Post Sanctions: Sending Money to Russia & Using Russian Bank Cards
« Reply #3 on: March 03, 2022, 07:05:21 AM »
Gipsy, do Mir cards not work for cash withdrawals from bankomats?
...everything ends always well; if it’s still bad, then it’s not the end!

Online Gipsy

  • Member
  • *
  • Posts: 2713
  • Country: 00
Re: Post Sanctions: Sending Money to Russia & Using Russian Bank Cards
« Reply #4 on: March 03, 2022, 07:33:25 AM »
Yes...They work ok at this time...
Bridge is a lot like sex, either you need a good partner, or a decent hand... Woody Allen

Offline Manny

  • Moderator
  • Member
  • *
  • Posts: 19084
  • Country: gb
  • Gender: Male
  • Spouses Country: Russia
  • Status: Married
  • Trips: 20+
Re: Post Sanctions: Sending Money to Russia & Using Russian Bank Cards
« Reply #5 on: March 03, 2022, 07:53:22 AM »
So we'd assume that Sberbank and others will replace all domestic Visa cards with MIR cards now?
Read a trip report from North Korea >>here<<

Look what the American media makes some people believe:
Putin often threatens to strike US with nuclear weapons.

Online Gipsy

  • Member
  • *
  • Posts: 2713
  • Country: 00
Re: Post Sanctions: Sending Money to Russia & Using Russian Bank Cards
« Reply #6 on: March 03, 2022, 07:57:23 AM »
So we'd assume that Sberbank and others will replace all domestic Visa cards with MIR cards now?

There is no need for that, visa.ru is fully operational, my Sber visa worked perfectly yesterday, as to future, I cannot say...
Postbank/VTB visa cards also fully operational..
Bridge is a lot like sex, either you need a good partner, or a decent hand... Woody Allen

Online Markje

  • Member
  • *
  • Posts: 7588
  • Country: nl
  • Gender: Male
  • MCMLXXIV
    • Mark's unix pages
  • Spouses Country: Crimea
  • Status: Married
  • Trips: 20+
Re: Post Sanctions: Sending Money to Russia & Using Russian Bank Cards
« Reply #7 on: March 03, 2022, 08:15:40 AM »
This could also be in the De-dollarisation thread!

https://www.aton.ru/news/izmenenie_komissii_na_pokupku_inostrannoy_valyuty_fizicheskim_litsam/

The headline:
Quote from: www.aton.ru
According to the instruction of the Bank of Russia, from 09:00 Moscow time on March 3, 2022, Russian brokers are required to charge a commission when executing orders from individuals to purchase foreign currency - US dollars, euros and pounds sterling - at least 30% of the transaction amount.
OO===[][]===OO
My first trip to my wife: To Evpatoria!
My road trip to Crimea: Roadtrip to Evpatoria

Online andrewfi

  • Supporting Member
  • Member
  • *
  • Posts: 20066
  • Country: gb
  • Gender: Male
    • Articles About Almost Anything!
Re: Post Sanctions: Sending Money to Russia & Using Russian Bank Cards
« Reply #8 on: March 04, 2022, 06:25:04 AM »
This could also be in the De-dollarisation thread!

https://www.aton.ru/news/izmenenie_komissii_na_pokupku_inostrannoy_valyuty_fizicheskim_litsam/

The headline:
Quote from: www.aton.ru
According to the instruction of the Bank of Russia, from 09:00 Moscow time on March 3, 2022, Russian brokers are required to charge a commission when executing orders from individuals to purchase foreign currency - US dollars, euros and pounds sterling - at least 30% of the transaction amount.

The effect of that is to immediately devalue those foreign currencies by 30%.

By the way, here is a link to an article about crypto in respect of Ukraine, but it would apply to Russia as well, but in a slightly different context.

https://bitcoinmagazine.com/culture/ukraine-russia-conflict-showcases-bitcoin

In essence, if sending crypto to help, support, give aid to an organisation or to individuals be very careful. There will be no shortage of people willing to take advantage of the situation to persuade the gullible to send money. The recipients of the funds of the gullible people do not need to be in Ukraine, they can be anywhere. The real recipients could be your next-door neighbours.

I am not suggesting that one should not send money to people or organisations but for sure, there will be plenty of advantage takers. There are plenty of advantage takers and, it always seems to me that the most foolish people are the people who think themselves too smart to be fooled.
...everything ends always well; if it’s still bad, then it’s not the end!

Offline Manny

  • Moderator
  • Member
  • *
  • Posts: 19084
  • Country: gb
  • Gender: Male
  • Spouses Country: Russia
  • Status: Married
  • Trips: 20+
Re: Post Sanctions: Sending Money to Russia & Using Russian Bank Cards
« Reply #9 on: March 04, 2022, 03:39:35 PM »
Smiley Girl moved into a new apartment and needed a few kopecks
for this and that. Angel Eyes and I have sent money to her twice in
Russia since the war started.

Using what platform, Bill? Your local bank or a third party?
Read a trip report from North Korea >>here<<

Look what the American media makes some people believe:
Putin often threatens to strike US with nuclear weapons.

Online 2tallbill

  • Member
  • *
  • Posts: 15458
  • Country: us
  • Gender: Male
  • Spouses Country: Russia
  • Status: Married
  • Trips: 10-20
Re: Post Sanctions: Sending Money to Russia & Using Russian Bank Cards
« Reply #10 on: March 04, 2022, 09:00:10 PM »
Smiley Girl moved into a new apartment and needed a few kopecks
for this and that. Angel Eyes and I have sent money to her twice in
Russia since the war started.

Using what platform, Bill? Your local bank or a third party?

We used Moneygram on the first day and then we used a friend in the
USA who had a Russian bank account who could transfer the money.

 EDIT to add

Angel Eyes says that the Money Gram was just before the beginning.

FSUW are not for entry level daters. FSUW don't do vague FSUW like a man of action so be a man of action  If you find a promising girl, get your butt on a plane. There are a hundred ways to be successful and a thousand ways to f#ck it up
Kiss the girl, don't ask her first.
Get an apartment not a hotel. DON'T recycle girls

Online Gipsy

  • Member
  • *
  • Posts: 2713
  • Country: 00
Re: Post Sanctions: Sending Money to Russia & Using Russian Bank Cards
« Reply #11 on: March 05, 2022, 12:23:09 AM »
The only foreign card that I can find which is still operating in Russia is Revolut, it worked yesterday for a friend in Moscow..
The problem which one might face would be getting their Visa/MC into Russia, as there are no couriers operating AFAIK..
Bridge is a lot like sex, either you need a good partner, or a decent hand... Woody Allen

Offline Manny

  • Moderator
  • Member
  • *
  • Posts: 19084
  • Country: gb
  • Gender: Male
  • Spouses Country: Russia
  • Status: Married
  • Trips: 20+
Re: Post Sanctions: Sending Money to Russia & Using Russian Bank Cards
« Reply #12 on: March 05, 2022, 01:47:34 AM »
The problem which one might face would be getting their Visa/MC into Russia, as there are no couriers operating AFAIK..

Royal Mail Tracked & Signed is still working as far as I know. I'll be testing it on Monday.
Read a trip report from North Korea >>here<<

Look what the American media makes some people believe:
Putin often threatens to strike US with nuclear weapons.

Online Gipsy

  • Member
  • *
  • Posts: 2713
  • Country: 00
Re: Post Sanctions: Sending Money to Russia & Using Russian Bank Cards
« Reply #13 on: March 05, 2022, 03:02:27 AM »
The problem which one might face would be getting their Visa/MC into Russia, as there are no couriers operating AFAIK..

Royal Mail Tracked & Signed is still working as far as I know. I'll be testing it on Monday.

There are no flights, either cargo nor passenger between UK and Russia, how will your letter/package get through??
Remember the masks, how long did that take...??
No wish to pour water on anything..
Bridge is a lot like sex, either you need a good partner, or a decent hand... Woody Allen

Online Wiz

  • Member
  • *
  • Posts: 4412
  • Country: gb
  • Gender: Male
  • Spouses Country: Russia
  • Status: Married
  • Trips: 20+
Re: Post Sanctions: Sending Money to Russia & Using Russian Bank Cards
« Reply #14 on: March 05, 2022, 05:07:23 AM »
Any body has used the Company or know anything about it.

I think they are based in Limassol in Cyprus.?

Why the sun does not shine on the Ex- British Empire ? Because God never trusted an Englishman in the dark!

Online andrewfi

  • Supporting Member
  • Member
  • *
  • Posts: 20066
  • Country: gb
  • Gender: Male
    • Articles About Almost Anything!
Re: Post Sanctions: Sending Money to Russia & Using Russian Bank Cards
« Reply #15 on: March 05, 2022, 09:06:50 AM »
Wiz, which company?
...everything ends always well; if it’s still bad, then it’s not the end!

Online Wiz

  • Member
  • *
  • Posts: 4412
  • Country: gb
  • Gender: Male
  • Spouses Country: Russia
  • Status: Married
  • Trips: 20+
Re: Post Sanctions: Sending Money to Russia & Using Russian Bank Cards
« Reply #16 on: March 05, 2022, 11:32:49 AM »
Any body has used the Company or know anything about it.

I think they are based in Limassol in Cyprus.?

THE Name of the above vompany is:  KoronaPay. and I think this is the link???

https://koronapay.com/transfers/europe/en/
Why the sun does not shine on the Ex- British Empire ? Because God never trusted an Englishman in the dark!

Offline Manny

  • Moderator
  • Member
  • *
  • Posts: 19084
  • Country: gb
  • Gender: Male
  • Spouses Country: Russia
  • Status: Married
  • Trips: 20+
Re: Post Sanctions: Sending Money to Russia & Using Russian Bank Cards
« Reply #17 on: April 01, 2022, 07:41:32 AM »
The problem which one might face would be getting their Visa/MC into Russia, as there are no couriers operating AFAIK..

Royal Mail Tracked & Signed is still working as far as I know. I'll be testing it on Monday.

There are no flights, either cargo nor passenger between UK and Russia, how will your letter/package get through??
Remember the masks, how long did that take...??
No wish to pour water on anything..

Royal Mail Business Tracked mail is working fine. We sent the folks some teabags, chocolate and stuff when I posted above just to test it. It arrived yesterday. So it took a tad over three weeks to central Russia. Not bad in the current climate I thought.

I have a system now where we do all our mail online with a business account, and with international, all customs stuff is done in advance online. I find it's much smoother now and things generally are arriving faster.
Read a trip report from North Korea >>here<<

Look what the American media makes some people believe:
Putin often threatens to strike US with nuclear weapons.

Online Gipsy

  • Member
  • *
  • Posts: 2713
  • Country: 00
Re: Post Sanctions: Sending Money to Russia & Using Russian Bank Cards
« Reply #18 on: April 01, 2022, 08:14:22 AM »
Sdtr send a package today, we will see if it gets through and how long it takes...
Bridge is a lot like sex, either you need a good partner, or a decent hand... Woody Allen

Offline Manny

  • Moderator
  • Member
  • *
  • Posts: 19084
  • Country: gb
  • Gender: Male
  • Spouses Country: Russia
  • Status: Married
  • Trips: 20+
Re: Post Sanctions: Sending Money to Russia & Using Russian Bank Cards
« Reply #19 on: April 01, 2022, 10:21:21 AM »
Read a trip report from North Korea >>here<<

Look what the American media makes some people believe:
Putin often threatens to strike US with nuclear weapons.

Online Gipsy

  • Member
  • *
  • Posts: 2713
  • Country: 00
Bridge is a lot like sex, either you need a good partner, or a decent hand... Woody Allen

Online Steveboy

  • Commercial Member
  • Member
  • *
  • Posts: 5240
  • Country: ru
  • Gender: Male
  • Status: In The Business
  • Trips: Resident
Re: Post Sanctions: Sending Money to Russia & Using Russian Bank Cards
« Reply #21 on: April 01, 2022, 02:07:14 PM »
Any body has used the Company or know anything about it.

I think they are based in Limassol in Cyprus.?

THE Name of the above vompany is:  KoronaPay. and I think this is the link???

https://koronapay.com/transfers/europe/en/

We have been using Koronapay for a few weeks sending money from our UK bank card straight to our Russian bank.. very cheap and it is instant ..

They are like some old Soviet style system like "Contact" That is also here.. we use a VPN set at the UK.. use the UK card then transfer straight to Russian card..

BUT it looks like they have taken Russia off as a destination now.. I heard some people cannot use it now.. cos Russia is not included so no way to send.. but it is still ok for us, probably cos we got a account set up with them some time back our cards are already registered and verified.. even sent some more over 45 mins ago no problem..

I support no government anywhere, ever, never. No institution, No religion!!

Offline Manny

  • Moderator
  • Member
  • *
  • Posts: 19084
  • Country: gb
  • Gender: Male
  • Spouses Country: Russia
  • Status: Married
  • Trips: 20+
Re: Post Sanctions: Sending Money to Russia & Using Russian Bank Cards
« Reply #22 on: April 08, 2022, 10:56:35 AM »
The specifics of sending money to Russia now I have split off to here.
Read a trip report from North Korea >>here<<

Look what the American media makes some people believe:
Putin often threatens to strike US with nuclear weapons.