Raiffeisenbank will introduce a 50% commission on incoming transfers in dollars from September
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From September 1, Raiffeisenbank will introduce a fee for incoming money transfers in dollars. The commission will be 50% of the transfer amount, the minimum is $1,000. The maximum commission will be $10,000.
The credit institution clarifies that the new conditions apply to all incoming transfers. “The Bank is forced to limit the number of incoming transfers in US dollars due to changing market conditions. We encourage customers to use other payment methods.” press release.
In March, the European Central Bank (ECB) demanded from the Austrian banking group Raiffeisen Bank to close its business in Russia. Raiffeisen Bank declaredwhich is studying options for the future of its Russian “daughter”, but in the end moved spin-off of Russian business at the end of the year. From August Raiffeisenbank suspended acceptance and purchase of cash dollars and euros from individuals.
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