25 March / 2022

Recommendations for transferring money to Russia

Due to suspension of Visa and MasterCard international payment systems in Russia the following options are available for transferring money from Zimbabwe to Russia.

1.     Bank transfers from Zimbabwean commercial banks to bank accounts, opened in Russian commercial banks, which are not disconnected from SWIFT.

Not eligible for receiving foreign transfers are Otkrytie FC Bank, Novikombank, Promsvyazbank, Bank Rossiya, Sovcombank, Vnesheconombank (VEB), VTB Bank and Sberbank.

2.     Transfer to UnionPay cards, issued by Russian banks. In Zimbabwe UnionPay system is supported by Standard Charted bank only.  

Visa and Master cards issued by Russian banks are valid for payments and transfers within Russia, but not for international transfers.