Whatever your reason for sending money to Russia, Compare Money Transfer will make your currency transfer as straight forward and cost effective as possible.
Currency for Russia
The Rouble (RUB) is now the official currency of Russia.
Send Money Transfer to Russia
There are several options available these days to send money to Russia. However, which option will be best will depend on the type of transaction that you wish to do, the purpose and amount of money that has to be transferred. If the amount of money transfer to Russia that you are going to do is very less and one time, then you can use any option, as the loss will anyway be less.
However, if you should be migrating to Russia or if you should be planning for some purchase of property in Russia or if you should be having your family members in Russia to whom you will have to send funds regularly, then it will be a loss to use high street banks as the transaction fee that is charged by high street banks is very high.
Apart from that, you may also have to pay the commission for the transaction you do along with the transaction fee. So, if you are planning to send money to Russia on a regular basis, then it will be better to find some better option in which the loss that you may have to incur will be less. It will be best if you think out of the box and start using foreign exchange brokers to send money to Russia as using high street banks to send money to Russia will be very costly and will not be worth the money that you spend.
We recommend reliable money transfer methods that are not only safe to use but will also charge very less for transactions that you do. One more advantage of using foreign exchange brokers to send money to Russia is that they offer very good exchange rates. Though this will be little higher than the exchange rate that will be offered by high street banks, it will still benefit you a lot when you have to do huge money transfer to Russia.
Moreover, when you deal with foreign exchange brokers, you will be able to get personal attention, as that is the only main service that they are offering. However, you cannot expect personal attention from high street banks, as they will be least bothered about the money transfer to Russia that you do through their bank, as their main service is not foreign money transfer.
The transaction time that high street banks will require is also very high. You will have to just wait to send money to Russia for a long time. It may take several days to complete single transaction. However, with foreign exchange brokers, transactions are very fast and safe too.
Make the best use of the options that we have listed in our website and benefit more by transferring money through foreign exchange brokers.
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