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Published: Jun 03, 2023 8 min read
Last Updated: Jul 25, 2024

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With the ongoing war in Ukraine and the global economic sanctions on Russia, most channels to send money to Russia from overseas are no longer available.

This includes bank to bank transfers via international banks due to the SWIFT ban on Russian banks. SWIFT is a global payments network that connects various international banks, and drives international wire transfers between banks in various countries worldwide.

Additionally, most popular global money transfer companies like Western Union, MoneyGram, Wise and others have also stopped international money transfers to Russia.

Given this, what options do you have if you need to send money to your family back home in Russia? We explore these options in this article. Read on learn how to send money to your loved ones in Russia from abroad.



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What Is The Best Option To Send Money To Russia From Abroad?

At this time, there is no legal and safe option to send money to Russia. In the past, sending money to Russia from a few European countries and the UK was possible via a handful of money transfer companies. However, that is no longer an option given the regulatory pressure caused by the ongoing conflict.

It is possible that there may be some options to assist with international money transfers from and to Russia. If you need to send money to someone in Russia, or receive funds from them, get in touch with us and we can advise. Even if there are no good options currently, your inquiry will help us assist you in the future as soon as there are money transfer companies that can handle these transfers.

Please share your name, sending and receiving country, intended transfer amount, expected transfer frequency and whether you are an individual or business, and we will do our best to assist you now or in the future.




If the above link does not work, you can simply email us with the requested information at info@remitfinder.com.



Which Countries Can I Send Money To Russia From?

Currently, there are no money transfer companies that allow sending money to Russia from numerous countries.

Can I send money to Russia from USA?

No, currently it is not possible to send money from USA to Russia given the economic sanctions and the ongoing situation.

All US banks as well as money transfer companies that support sending money from the United States have suspended their operations when it comes to remitting funds to Russia.

The only exception to this is if you wanted to send funds to a US citizen in Russia who is under economic distress. In such cases, the US Department of State may be able to facilitate an emergency funds transfer. Your best bet in this case is to contact the government or engage help from the requisite foreign embassy in Russia.


Can I send money to Russia from the UK?

At this time, you cannot send money from UK to Russia using international money transfer companies.


Can I send money to Russia from Europe?

In the current political situation given the ongoing conflict, you cannot send money to Russia from most European countries using remittance service providers.


Can I send money from Australia to Russia?

At this time, there are no banks or remittance companies that you can utilize to send money to Russia from Australia.


Can I send money from India to Russia?

Unfortunately, there is no legal way to send money from India to Russia at this time. This is because Russian banks have been debarred from using the SWIFT network and most major money transfer companies have halted money transfers to Russia.

If you are looking to send money from and to Russia, there may be some options to assist with your intended international money transfers. To see if there are any options available, get in touch with us. Even if there are no money transfer operators that can handle your international remittance currently, your inquiry will help us assist you in the future as and when it is feasible to send money to Russia.

Contact us and share your name, sending and receiving country, intended transfer amount, expected transfer frequency and whether you are an individual or business, and we will do our best to assist you now or in the future.




If the above link does not work, you can simply email us with the requested information at info@remitfinder.com.



Are There Any Other Options To Send Money To Russia?

There may be additional ways to send money to Russia from overseas.

For example, you could purchase cryptocurrency overseas, and send it to your overseas recipient in Russia. While this may work, you may face problems with legal regulations as some crypto exchanges may disallows withdrawals in Russia. Also, cryptocurrency values generally change rapidly and your money may lose value.

Given these potential risks and problems, sending cryptocurrency to Russia may not be the best option.

Even though you can send cryptocurrency to Russia from overseas, there are potential risks involved. We recommend doing detailed due diligence and weigh your options before you decide to potentially go this route.

Additionally, most global money transfer companies have shut down their remittance services to Russia. Below are some FAQs with specific availability on some popular money transfer operators.


Can I send money to Russia using Western Union?

No, given the sanctions on Russia, Western Union no longer allows sending money to Russia from overseas, or sending money from Russia to other countries.


Can I send money to Russia using MoneyGram?

MoneyGram has also suspended its money transfer operations to Russia. In addition, you cannot send money from Russia with MoneyGram either.


Can I send money to Russia using XE Money Transfer?

Like most other money transfer companies, XE has suspended money transfers to and from Russia. Given that, you cannot use XE Money Transfer to send money to Russia.


Can I send money to Russia using Wise?

Due to the ongoing economic sanctions on Russia, Wise does not support sending money to and from Russia at this time.


Can I send money to Russia using WorldRemit?

WorldRemit has discontinued international money transfers to Russia so it is not an option at this time.


Can I send money to Russia using Revolut?

In response to global sanctions on Russia, Revolut currently does not allow sending or receiving money to and from Russia.


Can I send money to Russia using Skrill?

Skrill has also suspended money transfers to Russia and you cannot use their remittance service to send funds from abroad to Russia.


Can I send money to Russia using Paysend?

Paysend's international remittance services to Russia have been halted in response to the economic sanctions on Russia. Currently, you cannot use Paysend to send money to Russia.


Can I send money to Russia using TransferGo?

No, you cannot use TransferGo to send money to Russia. All money transfers to Russia are not operational at this time given the sanctions on Russia.



Conclusion

With the global economic sanctions on Russia in place, it has become harder to send money to Russia from abroad. The SWIFT network has also barred Russian banks from participating in international banking, thus making it hard to send money in and out of the country.

This can be problematic if you have family and friends in Russia who rely on your financial support from abroad.

Unfortunately, there are no money transfer operators supporting money transfers to Russia at this time. If you need to send money urgently to your loved ones back home in Russia, you may have to check with your government agencies to explore any possible one-off or emergency provisions.



Do You Need To Find the Best Remit Exchange Rate for Sending Money Internationally?

RemitFinder is an online service that helps you track remit exchange rates. By checking and comparing the latest remit exchange rates, you can get the best exchange rate for your money transfers. RemitFinder, thus, helps you to get the best return for your hard-earned money.

Find the cheapest rate to transfer your hard-earned money - visit our site or download the app on Google Play or Apple App Store now.






Want to explore by country? Browse all sending countries on our send money from hub.



Author
RemitFinder Editorial Team

The RemitFinder Editorial Team is a collaborative group of writers, researchers, and fintech specialists dedicated to bringing you the latest insights, comparisons, news, and guides on remittances, exchange rates, eSIMs, and the financial technology shaping the global payments landscape.

We create clear, easy-to-understand content to help you compare money transfer providers and eSIM plans based on transparent data and publicly available information. Our goal is to provide independent, research-driven information to support informed decision-making. RemitFinder is an independent comparison platform and does not provide financial or telecommunications advice.

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