Raiffeisen’s Russian Division Imposes 50% Commission on Incoming Dollar Transfers
The Russian division of Austria’s Raiffeisen Bank will start charging 50% commission on all incoming U.S. dollar transfers, the bank announced Monday in a statement, citing unspecified “market conditions.” “The bank is forced to limit the number of incoming transfers in U.S. dollars due to changing market conditions. We encourage customers to use other payment…