Best money transfer to Russia • Cost, duration, comparison

Online payment is very convenient compared to traditional payment methods such as cash or check. According to bank rate more than two-thirds of consumers carry less than $ 50 a day. As such online payment enables businesses to make sales to the customers who choose to pay electronically and gain competitive advantages over those that only accept traditional methods.

The advancement of technology has enabled various financial institutions to provide a high standard of service in all aspect of banking and financial services.

While modern technology is helping banks and other businesses to streamline their services, customers are no longer required to visit banks and their branches to carry out a wide range of banking services. Customers can use either internet banking or mobile banking to fulfill their banking requirements.

Comparison: Transfer Money to Russia

Winner

Wise

First Transfer Free!

Wise is a very good provider for overseas transfers. The transfers are easy, convenient and secure. The most important thing is that the transfers are also much cheaper than with the bank.

Winner

transferGo

Send money very fast!

Save up to 90% compared to banks. No hidden costs. Large selection of countries.

Winner

currencyfair

Five Transfers Free!

A world-class customer service, very good exchange rates and permanently favorable transfers abroad and to Germany convince. Only downside is the small selection of countries.

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Customers now have access to multiple online fund transfer options like asRia Money Transfer, Wise, Payoneer, Western Union, WorldRemit, Money mule, Timeline of PayPal, WebMoney, Moneygram, Electronic funds transfer, Interac e-Transfer, Revolution Money, etc. Because of money transfer through the bank is highly expensive than any other money exchange house.

Now online money transfer companies are much more adept, efficient, and technologically updated to handle fraudulent activities. Money transfer can be initiated instantly and processed within a day or two through these houses. If the cheque of a bank account is stolen, the thieves gain access to your routing number and account number, and with that information, they can potentially drain your bank account.

So it is risky to bear cheque. So that if you used exchange house to transfer money it makes it easy to move money around when necessary to make a major purchase, take advantage of higher interest rates or make sure funds are available in the case of an emergency.

So I think money transfer to deferent countries through online is safety, secure & fast then money transfer through Banks. By money transfer through online is a reasonable & low transfer fee other than Banks. By online money transfer, one can send funds from any part of the world with a secured internet connection.

Money transfer to Russia online

In now a day’s online money transfer is gaining huge popularity and so are the numbers of companies who have started offering online money transfer services. Online payment allows you to make cashless payment for goods and services through cards, mobile phones or the internet.

For online payment savings cost and time, increased sales and reduced transaction cost. Easiest & fastest ways to send money online to your family worldwide with us avoid banks high exchange rates and send money through online within minutes.

A credit card is one of them constituting a popular method of online payment but can be expensive for the merchant to accept because of transaction fees primarily.

Internet banking is a system that does not involve any sort of physical card.

PayPal is a global e-commerce business allowing payments and money transfers to be made through the Internet.

Google Wallet was launched in 2011, serving a similar function as PayPal to facilitate payments and transfer money online. It also features security that has not been cracked to date and the ability to send payments as attachments via email.

Mobile money wallets which allow adding funds easily through their existing mobile subscription number, by visiting physical recharge points close to their homes and offices and converting their cash into mobile wallet currency.

Ria Money Transfer has grown to become the third largest online money transfer service in the world.

Wise is supporting more than 750 currency routes across the world and provides multi-currency accounts.

Payoneer is a financial services company that provides online money transfer and digital payment services.

Western Union has several divisions, with products such as person-to-person money transfer, money orders, business payments, and commercial services.

Wire transfer, bank transfer or credit transfer is a method of electronic funds transfer from one person or entity to another.

World Remit is an online money transfer service that provides international remittance services to migrant communities around the world.

eRemit online money transfer portal for individuals. UKForex has been in the money transfer business for 17 years.

MoneyGram is the second largest provider of money transfers in the world.

How can I send money to Russia?

When you need to get money to friends and family in Russia, the last thing you want to deal with is navigating a complicated and expensive process. Sending money from different countries to Russia doesn’t have to be expensive. When you compare the transfer fees and exchange rates of several options you can find the most Russia Russian rubles (RUB) for your US dollar.

From bank transfers and online transactions to options that allow recipients to collect your funds within minutes, sending an international money transfer to Russia is easy. There is a lot of online money transfer house in the world by using CUEX money transfer house you can easily send money to Russia.

PayPal is an American company operating a worldwide online payments system that supports online money transfers and serves as an electronic alternative to traditional paper methods like checks and money orders.

The company operates as a payment processor for online vendors, auction sites, and many other commercial users, for which it charges a fee in exchange for benefits such as one-click transactions and password memory.

PayPal’s payment system, also called PayPal, is considered a type of payment rail. The PayPal app is available online or at the iTunes App Store and Google Play. One year after acquiring Braintree, PayPal introduced its “One Touch” service, which allows users to pay with a one-touch option on participating merchants websites or apps.

Bank (is expensive)

Transfer of sending money to Russia through the bank is highly expensive than PayPal online money transfer.

Money transfer provider

Debit or Credit Card or Bank account.

How much does it cost to transfer money to Russia

Transfer fee 0.5% from a bank account & 3.9% from a credit card.

Duration of a money transfer to Russia

01 (One) Day

Conclusion on the money transfer to Russia Comparison

PayPal is a payment method already known by virtually anyone, which allows you to buy in many websites, as well as transferring money between users by email.

Comparison between Wise, Western Union & PayPal

If anyone sends USD 300.00 in western Union then receiver received in Russia at 17,297.70 rubles & additional you have to pay commission from $23 to $ 32. In Wise received 16,914.22 rubles & additional you have to pay commission from $4,47 & In PayPal received 16,667.97 rubles & & additional you have to pay commission from $1.5 to $12

Western Union applies a good exchange rate but the high commission,
Wise applies a good exchange rate but low commission.
PayPal applies a good exchange rate but acceptance commission.