How does one go about opening a bank account in Russia?
The process is quite simple as long as you can do it in person. Opening an account from outside Russia is extremely challenging. Opening an account requires the following: Passport Russian visa Russian immigration card (given to you when you enter the country) Minimum deposit (For example, Raiffeisen Bank, an Austrian bank that has branches in St. Petersburg and Moscow, requires a minimum deposit of $500. Many of our clients have accounts with this bank. If you would like more information about opening an account with them, Raiffeisen Bank’s phone number in St.
