What is the local currency?
Rubles, which can then be divided into kopecks.
What denominations does it come in?
Notes come in denominations of 10, 50, 100, 500, 1000 and 5000 rubles. Coins come in 1, 2, 5 and 10 rubles;
Kopecks come in 1, 5, 10 and 50 coins.
What is the best way to exchange currency?
Banks or exchange offices are the best places to go for this.
What are commonly-used forms of payment for everyday purchases (such as groceries)?
In 95 per cent of cases, you’ll have to pay for items like groceries in cash. Credit cards and traveler’s checks are only accepted by large stores and supermarkets.
Will I be able to use my credit card around town? If not, list when I’ll need cash.
Yes, you can use credit cards in most hotels, established shops and restaurants.
By what method are bills (such as rent and utilities) paid?
Most people opt to pay their bills in cash, though there is a small percentage of people who prefer to transfer the money from their credit cards or via Internet payments.
What are the requirements for opening a bank account? At what stage of the settling-in process should I open it?
Requirements vary by bank, but you can generally expect that proof of residency by means of rental contract or registration will be required.
Will foreign residents be able to find banking services in their native languages?
Not all languages will be easy to find, but French, German and English should be no problem.
Are there any restrictions on services for those who are new to your country?
Be aware that there are certain banks that will not open personal accounts, only corporate accounts.
What are typical banking hours?
10 a.m. to 6 p.m., Monday through Friday. Sberbank is also open on Saturday morning.
Are automatic teller machines (ATMs) available around the clock?
Is there any other money information that might help me?
You can change both US dollars and euros everywhere, any time.
Crown Relocations has made every effort to present accurate information. However, regulations, rates and other variables are subject to change and Crown Relocations cannot accept responsibility for the errors that might result. Should you have any questions or need additional information, please contact your local Crown representative.