Banking opportunities for Russian citizens in the EU

  • Aug. 3rd 2020
  • |
  • BankApply
Banking opportunities for Russian citizens in the EU

This article is created to help Russian citizens to seamlessly open a bank account in the EU and save time on researching the available offers on the market.

Having a bank account in different countries is a great option to mitigate risks against local currency failure or any other economic problems that might affect your daily life and banking situation.

There are plenty of options for Russian citizens to have European online bank accounts and get access to international payments through trusted FinTech institutions.

Fintechs can be a preferable option, as they enable remote account opening and are fully digital. At the same time, most fintech has limited service offerings and usually do not provide loans to their customers.

In this article, we're going to take a look at some European Fintechs which accept clients from Russia. The onboarding is online and you can always access your account from your mobile phone or computer.

Let's look at 4 different FinTechs to start with. If you want to see the full list of banks & FinTechs with fee structures and overviews of banks that are suitable for Russian citizens, please register as a BankApply user by clicking on the button on the top right-hand corner.

1. CONNECTPAY

Founded in 2017 and licensed by the Lithuanian regulator, ConnectPay is a rapidly growing business-friendly bank for internet-based companies.  ConnectPay provides multi-currency IBAN accounts to its users as well as issue prepaid cards for all your business expenses.

Website: https://connectpay.com/

Contact: https://connectpay.com/support/

Pricing: https://connectpay.com/wp-content/uploads/2020/02/BusinessPricelist.pdf

2. DYNAPAY

DynaPay offers a variety of services including acquiring, online payment, payment card processing, issuing electronic money and much more.

Website: https://dynapay.co.uk/

Contact: [email protected]

Pricing: available per request.

3. PERVESK

Pervesk UAB is a licensed Electronic Money Institution based in Lithuania and regulated by the Bank of Lithuania. They offer quick online onboarding, reasonable fees and a great user interface to manage your money and make payments. 

Website: https://pervesk.lt/en/

Contact: [email protected]

Pricing: https://pervesk.lt/en/pricing/

4. WIREWALLET

WireWallet is a Cyprus-registered EMI agent (operating on a license of a Lithuanian fintech) that allows both businesses and individuals to create one or more accounts and receive their very own dedicated EUR IBAN. WireWallet enables exchanging in over 40 currencies within your account. SWIFT and SEPA both available. 

Website: https://www.wire-wallet.com/

Contact: [email protected]

Pricing: available per request.

Eager to Discover More Banking Opportunities for Russians in the EU?

These are just 4 options for Russians to open a bank account in the European Union. Register at BankApply to find more options that meet your needs using the powerful BankApply Matching Engine.

Read why it makes sense to open an account abroad. 

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