Send Money to Russia

Transfer money to Russia with OFX and get bank beating foreign currency exchange rates.

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Our currency converter displays Market Rates and is not indicative of OFX Customer Rates.
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local receiving account

Fast transfers

Once OFX receives your funds, 80% of all major currency transfers are processed in 24 hours

Customer Service

24/7 Support

Our global support team is available around the clock - 24 hours a day, 7 days a week

rapid delivery

20 Years Experience

We have more than 20 years experience helping our clients make global money transfers

With OFX, you can get bank beating rates on global money transfers.

How to Send Money to Russia

  1. Gather the relevant banking information, including the name on the recipient’s bank account, the IBAN number, and the SWIFT/BIC code.
  2. Create a free online account with OFX, or login to get a live quote for your money transfer.
  3. Enter your details and those of your recipient.
  4. Choose ‘finalise transaction’ to process your payment.

It’s easy and affordable to send money to Russia using OFX. Even if you’re not ready to transfer funds today, you can sign up now, so your account is active and ready when a great exchange rate comes up.

When sending money to Russia, keep in mind that different tax regulations may apply to sending large sums of money overseas depending on many factors including:

  • how the money is going to be used
  • how much you are sending
  • the source of the funds
  • if the money has been taxed elsewhere

For example, supporting family members by paying for living expenses is usually considered different from sending large sums of money abroad as a gift. See our Guide to Sending Money to Family Abroad for more details.

How to send money to Russia at a great exchange rate

When looking at exchange rates, it’s important to know that the value of the (RUB) may be influenced by the country’s managed float monetary policy, which uses inflation targets and allows for a flexible response to unpredictable events that affect the economy. It could also be affected by the value of the EUR, as Russia's top trading partners include European countries. If you want to read up on the factors that influence the value of other currencies, head over to the Exchange Rates section of our site.

With OFX, you can get bank beating rates on global money transfers.

Russian Money Transfers – FAQs

Wondering how to send money to Russia? We've got the smart, secure way to exchange your New Zealand dollars for Russian rubles (RUB).

Is there any limit on how much money I can send to Russia?

Nyet. OFX works well for both businesses and individuals.   

Can I send money from a Russian bank account to New Zealand?

Unfortunately not. OFX can only send money to Russia at this time.

Can I send New Zealand dollars to Russia?

Yes.

Does OFX transfer money to all Russian banks?

There are limitations in our ability to transfer to certain Russian banks. Please contact our customer service agents to discuss your money transfer.

What do I need to send money to Russia?

Once we have confirmed that we can make the transfer to your recipient’s bank, we will usually need you to provide additional documentation required by Russian law. Transfers may take up to 5 business days once OFX receives your funds.

 

 

With OFX, you can get bank beating rates on global money transfers.