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Many foreigners come to Russia and think that a bank account is just a convenience. In fact, it is a mandatory requirement for legal employment. According to Russian law, an employer is not allowed to pay the salary of a foreign citizen in cash. All payments must be made exclusively by bank transfer to your personal account in a Russian bank.
Violating this rule carries serious risks:
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For the employer: Major fines (up to 1 million rubles for a company).
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For you: Problems with taxes, refusal to extend your work permit or residence permit, difficulties during your next entry into Russia.
Why is it difficult for a foreigner to open a bank account on their own?
Banks strictly scrutinize foreign clients. On your own, you may encounter the following problems:
1. Complex document package. In addition to your passport and its translation, you need documents confirming your status in Russia (work permit, temporary residence permit, residence permit), sometimes—registration, TIN, SNILS. A Russian phone number (SIM card) and a smartphone for setting up online banking are often required.
2. Internal bank rules. Each bank has its own lists of "undesirable" nationalities and professions. Even with perfect documents, you may be refused without explanation.
3. Language barrier. Application forms, contracts, and communication with the manager are conducted in Russian; the questions can be complex.
Result: Wasted time, stress, and, most importantly—the absence of an account, without which you cannot work legally.
Our Solution: A Bank Account and Card for a Foreigner with a Guarantee
We offer the "Bank Account for a Foreigner Turnkey" service. We don't just provide consultation; we fully guide you to the result: a working account, a card, and a fully set up online banking system.
Our Work Stages:
Stage 1: Selecting a Suitable Bank
We analyze your citizenship, migration status, and goals. We don't take you to the first bank we find, but choose 1-2 where your chance of approval is highest.
Stage 2: Document Verification and Preparation
We help gather the complete set: passport with translation, documents confirming your stay (work permit/TRP/RP), registration (if necessary), TIN/SNILS. We check for the presence of a Russian SIM card. We prepare the application.
Stage 3: Bank Accompaniment
Our expert goes with you to the bank at a convenient time. Helps with communication with the manager, filling out paperwork. On the same day, you receive a debit card (unnamed for immediate use). If desired, we will help you apply for a named card (production takes 3-5 days).
Stage 4: Full Setup and Instruction
We don't leave you with just a card in hand. We help activate the account, install and configure the bank's mobile application, and connect SMS alerts. You receive a fully ready-to-use financial tool.
A bank account for a foreigner is the foundation of your legal and peaceful financial situation in Russia.
Frequently Asked Questions
1. What happens if I receive my salary in cash?
Answer: This is a direct violation of the law. Risks fines for the employer and serious problems with your legal status, up to deportation.
2. Is registration (residence permit) mandatory for opening an account?
Answer: Not always. Requirements vary between banks. We will select a bank that suits your documents.
3. Why do I need a Russian SIM card and a smartphone?
Answer: This is a mandatory requirement for almost all banks to connect secure mobile banking and SMS alerts—the main methods for confirming transactions.
4. What is the difference between an unnamed and a named card?
Answer:
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Unnamed (Instant): Issued immediately, does not have your name on it. Suitable for cash withdrawals and payments immediately after opening the account.
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Named: Manufactured in 3-5 days, your name is printed on the card. Often has higher limits and is better suited for online payments. We help apply for the one you need.
5. Do I need an account if I am a freelancer or self-employed?
Answer: Yes, absolutely. Under civil law contracts (GPC), the client is also obligated to transfer funds non-cash to your account. This confirms the legality of your income.
Photo: https://ru.freepik.com
Payment for services can be made both in cash and non-cash in rubles. We accept Visa, MasterCard, American Express, Maestro, Diners Club bank cards. Payment is also possible by a QR code, as well as via a bank link sent to the customer by e-mail.
Payment can be made in any convenient way, including:
- by transfer to the Contractor’s account, after confirming the service and issuing an invoice for payment in Rubles.
- cash at the Confidence Group office.
- by a QR code.
- by card. We accept the following cards for payment: Visa, MasterCard, MIR after sending the Customer a link to the page of the acquiring bank.
When paying for an order by card, the payment is processed on the bank's authorization page, where you need to enter the following bank card details:
- card type;
- card number;
- card expiration date (it is on the front side of the card);
- the name of the cardholder (in latin letters, exactly as indicated on the card);
- CVC2/CVV2 code.
If your card is connected to the 3D-Secure service, you will be automatically redirected to the page of the bank that issued the card to go through the authentication procedure. For information about the rules and methods of additional identification, please contact the bank that issued your bank card.
The security of processing Internet payments through the bank's payment gateway is guaranteed by the PCI DSS international security certificate. Information is transmitted using SSL encryption technology. This information is not available to third parties.
Tips and recommendations on the necessary security measures for payments using a bank card:
take care of your credit cards the same way you take care of cash. Don't leave them in the car, restaurant, shop, etc.;
never give your full credit card number over the phone to any person or company;
always have at hand the emergency phone number for the bank that issued your card, and in case of loss, contact the bank immediately;
enter your card details only when making a purchase. Never give them for any other reason.
Company details:
| Name | Confidence Group Service Company LLC |
| Registered address |
107023, Russian Federation, Moscow, internal territorial city municipal district Sokolinaya Gora, Barabanniy per 4, room 17CH |
| Actual address |
107023, Moscow, Barabanniy per. 4, office 4 |
| INN/KPP | 7702806330 / 771901001 |
| OGRN/OKPO | 1137746008047 / 17019713 |
| BIC | 044525545 |
| Tel/Fax | +7 495 748 7762 |
| info@confidencegroup.ru | |
| Operation | Monday – Friday. 9.00 a.m. – 6.00 p.m. |
Delivery of documents in Moscow
Unless otherwise provided by the Agreement, delivery of documents is carried out free of charge during business hours at the actual location of the Customer within the Moscow Ring Road.
The cost of additional delivery at the initiative of the Customer is 900 rubles.
Delivery is carried out within 1-2 days from the receipt of the corresponding request.
Delivery in other regions of Russia
Delivery in other regions of the provision of services is carried out in accordance with the terms of the Agreement with the Customer.
Documents can also be delivered to the Customer by the CSE and other delivery services, the cost of delivery in this case depends on the cost of the courier service.