Note: VTB Bank currently has western sanctions imposed, restricting money transfers from this bank, however it is still possible to send money to VTB Bank from abroad.
VTB Banking Group is a global provider of financial services based in Russia. VTB Group operates large international network, offering a comprehensive range of services to clients in more than 20 countries across the CIS. Together, VTB Bank and its subsidiaries are known as VTB Group. The main shareholder of the Bank is the Russian government, which owns 60 percent of voting shares or 85 percent of the bank’s share capital. The Group’s largest subsidiaries in Russia are VTB24, Bank of Moscow, and TransCreditBank.
|VTB BANK||MIN. TRANSFER||SPEED||*GUIDE RATES||INFORMATION|
|GBP £ - to RUB||NO MINIMUM||5/7 DAYS||Ru 98.088||MORE DETAILS|
|GBP/RUB (BROKER RATES)||FROM €100||1 DAY||Ru 99.389||MORE DETAILS|
|RUB Ru - to GBP||NO MINIMUM||5/7 DAYS||N/A||MORE DETAILS|
|RUB/GBP (BROKER RATES)||FROM €100||1 DAY||N/A||MORE DETAILS|
|RUB Ru - to CHF||NO MINIMUM||5/7 DAYS||N/A||MORE DETAILS|
|RUB Ru - to CZK||NO MINIMUM||5/7 DAYS||N/A||MORE DETAILS|
|RUB Ru - to DKK||NO MINIMUM||5/7 DAYS||N/A||MORE DETAILS|
|RUB Ru - to EUR||NO MINIMUM||5/7 DAYS||N/A||MORE DETAILS|
|RUB Ru - to NOK||NO MINIMUM||5/7 DAYS||N/A||MORE DETAILS|
|RUB Ru - to PLN||NO MINIMUM||5/7 DAYS||N/A||MORE DETAILS|
|RUB Ru - to SEK||NO MINIMUM||5/7 DAYS||N/A||MORE DETAILS|
UK pound sterling (GBP) to Russian ruble (RUB) currency rates are updated daily at 09:00 GMT.
*Note: A lower FX Rate will give a better exchange rate when transferring money to/from Russian ruble. Specialist foreign exchange companies including can save you money and time on the transaction.
Making a transfer to or from the Russian ruble using a bank service could potentially lose you thousands of pounds due to the poor FX margin rate offered. Private currency brokers offer a much more competitive rate of exchange.
1: Bank money transfer information: General Guidelines – High street banks also charge a commission fee when sending money abroad into another currency – Private brokers offer commission free currency transfers typically over a value of £5000 or Ru500548.815 Russian ruble. Bank transfer commission fees range from £15 to £30 depending on the bank.
2: Unless you pay a premium, high street banks will take from 5 to 7 days for your funds to arrive at the destination bank. Private foreign exchange companies typically complete the transaction between 1 to 3 days.
To transfer funds abroad from your VTB bank account, you have to visit a VTB office. You will need to present/submit:
1: Identity document (e.g., passport);
2: Recipient’s account number (20 digits), last name and first name (patronymic, if any) in Latin alphabetic characters;
3: Recipient bank details (SWIFT, name, city and country of the bank).
4: Tell the bank officer the transfer details.
5: Submit the transfer amount to the VTB cashier along with the transfer fee.