Banks and Money Changers in Moscow with Best Exchange Rates

Moscow Travel Guide / August 29, 2017
Banks and Money Changers in Moscow with Best Exchange Rates

For those who are brand new to the currency of Russia, then the country’s official currency is Ruble (RUB). Banknotes are issued in denominations 50, 100, 500, 1000, and 5000 rubles. Coins come in 1, 2, 5, and 10 rubles.

The most convenient way to access local currency in Moscow is withdrawing cash from ATMs. But, as you have already known, this requires you to pay the cross-border fee.

To avoid this, many opt to exchange money at banks or money changers instead. Similar to what it is in South Korea and China, banks are the places in Russia that have the best exchange rates, compared with independent money changers. It is quite convenient as all Moscow’s banks offer currency exchange services.

It is worth a mention that most of the banks only accept the major currencies such as USD, EUR, GBP, CHF, and JPY. If yours is not among these, then you should check out UniCredit Bank as the variety of currencies they are trading is broader.

Listed below are recommended banks and money changers which are popularly known to provide good rates and services.

1. Sberbank of Russia

Sberbank of Russia Image credit: A.Savin

Established in 1841 and currently operating over 16,000 branches all over Russia, Sberbank is considered as the oldest and largest bank of the country. It now controls a third of Russia’s banking system.

What Sberbank can do for its visitors is offer money transfer and currency exchange services together with convenience. Their bank branches are scattered around the city, which are easily accessible from train stations and tourist attractions.

To check their daily rates, click here.

RECOMMENDED BRANCHES
1) Sberbank Central Office

  • This central office building is located next to the Institut Sistemnogo Analiza RAN
  • Address: 19 Vavilova St., 117997 Moscow, Russia
  • Phone: +7 495 957 58 62
  • Opening hours: Mon to Fri 08:30 – 19:30, Sat 09:30 – 17:30

2) Sberbank branch near Moscow Hermitage Garden

  • This branch is about a 7-minute walk from Moscow Hermitage Garden
  • Address: Oruzheynyy per., 41, Moscow, Russia, 127006
  • Phone: +7 495 500-00-05
  • Opening hours: Monday to Friday 10:00 – 19:00

3) Sberbank branch near Chistye Prudy metro station

  • Its location is within walking distance from Chistye Prudy station (less than 5 minutes)
  • Address: Myasnitskaya ul., 17, Moscow, Russia, 101000
  • Phone: +7 495 621-54-15
  • Opening hours: Monday to Friday 08:30 – 19:30

4) Sberbank branch near Museum of Zoology

  • This branch is just a 1-minute walk from the Museum of Zoology
  • Address: Romanov per., 4, Moscow, Russia, 125009
  • Phone: +7 495 258-05-00
  • Opening hours: Monday to Friday 09:00 – 18:00

5) Sberbank branch near Park Dubki

  • It is a 2-minute walk from Park Dubki
  • Address: Barvikhinskaya ul., 8/1, Moscow, Russia, 121596
  • Phone: +7 800 555-55-50
  • Opening hours: Monday to Friday 10:00 – 19:00

2. VTB Bank

VTB Bank Image credit: Emaus

VTB Bank and its subsidiaries including VTB 24 and Bank of Moscow provide travelers and tourists with a wide network of bank branches for currency exchange needs. You won’t have a hard time finding a branch of this Russia’s second largest bank as there are many of them have the locations within walking distance from public transport stations, shopping centres and tourist sites.

VTB’s daily exchange rates can be accessed from here.

RECOMMENDED BRANCHES
1) VTB branch near Skver Devichyego Polya

  • This branch is a 3-minute walk from Skver Devichyego Polya
  • Address: 1, Burdenko Ul., Moscow, Russia, 119121
  • Phone: +7 (495) 775-54-54
  • Opening hours: Monday to Friday 09:00 – 18:00

2) VTB branch near Turgenevskaya station

  • This branch is about a 2-minute walk from Turgenevskaya station
  • Address: 35, Myasnitskaya, Moscow, Russia, 103450
  • Phone: +7 (495) 775-54-54
  • Opening hours: Monday to Friday 09:00 – 18:00

3) VTB branch near Park Pobedy station

  • Its location is just a stone’s throw from Park Pobedy station exit
  • Address: 2/2, Pobedy square, Moscow, Russia, 121170
  • Phone: +7 (495) 775-54-54
  • Opening hours: Monday to Friday 09:00 – 18:00

4) VTB branch near Church of St. Gregory

  • This branch is just a minute walk from Church of St. Gregory
  • Address: 4, Brodnikov Per., Moscow, Russia, 119180
  • Phone: +7 (495) 775-54-54
  • Opening hours: Monday to Friday 09:00 – 18:00

5) VTB branch near Stantsiya station

  • This branch is a 2-minute walk from Stantsiya station
  • Address: 43/1, Vorontsovskaya str, Moscow, Russia, 109147
  • Phone: +7 (495) 775-54-54
  • Opening hours: Monday to Friday 09:00 – 18:00

3. Globex Bank

Globex Bank Image credit: CCG International

Globex is another worth-checking-out bank in Moscow for currency exchange. What is so good about this bank is that its branch at Lotte Plaza is open to serve customers every day of the week from 10:30 to 21:30. This is a true plus point as most banks in Moscow follow office hours (Monday to Friday from 09:00 to 18:00).

Aside from this business centre, the branches at 1st Tverskaya-Yamskaya Str, 73/8 Leninsky, and 31 Novinsky boulvar are also operated on Saturday until 20:00.

You can check their exchange rates here.

GLOBEX BRANCHES IN MOSCOW
1) Globex branch at Lotte Plaza

  • Lotte Plaza is located beside Lotte Hotel along Novinskiy Boulevard
  • Address: Novinskiy Boulevard, 8, Moscow, Russia, 121099
  • Phone: +7 (495) 660-71-21/22
  • Opening hours: Daily 10:30 – 21:30

2) Globex branch near Pamyatnik Alisheru Navoi monument

  • This branch is within walking distance from Pamyatnik Alisheru Navoi monument (less than a 5-minute walk)
  • Address: 29 Valovaya St., Moscow, Russia, 115054
  • Phone: +7 (495) 236-51-68
  • Opening hours: Mon to Fri 09:00 – 18:00, Holidays 09:00 – 17:00

3) Globex branch near Chapaevskiy Park

  • This branch is nestled at a small building beside Chapaevskiy Park
  • Address: Leningradsky Ave, 59, Moscow, Russia, 119334
  • Phone: +7 495 514-05-14
  • Opening hours: Mon to Thu 09:00 – 18:00, Fri & PH 09:00 – 17:00

4) Globex branch near Contemporary Art Gallery

  • This branch sits beside the Contemporary Art Gallery
  • Address: 1-ya Tverskaya-Yamskaya ul., 24, Moscow, Russia, 125047
  • Phone: +7 (499) 251-38-51
  • Opening hours: Mon to Fri 09:00 – 20:00, Sat 10:00 – 20:00

5) Globex branch near Hall Napoleon

  • Its location is a 5-minute walk from Hall Napoleon
  • Address: Leninsky, 91, Moscow, Russia, 119313
  • Phone: +7 (499) 132-41-90
  • Opening hours: Mon to Fri 09:00 – 20:00, Sat 10:00 – 20:00

6) Globex branch Novinsky shopping mall

  • This branch is nestled inside Novinsky shopping mall, which is just a 1-minute walk from Chaliapin House Museum
  • Address: Novinsky, Novinskiy b-r, 31, Moscow, Russia, 123242
  • Phone: +7 495 514-05-14
  • Opening hours: Mon to Fri 09:00 – 20:00, Sat 10:00 – 20:00

4. UniCredit Bank

UniCredit Bank Image credit: UniCredit Bank

Formerly known as International Moscow Bank, UniCredit Bank is a leading bank in Russia that has a strong presence in Europe. Once enter a branch of this bank, you will recognize that they have a dedicated currency exchange counter to serve people in need of buying Rubles.

What is even better is that the variety of currencies UniCredit Bank accepts is wider than which are accepted by its counterparts. USD, EUR, GBP, CHF, JPY, CAD, DKK, NOK, and SEK are among those.

Note that a couple of brands among the recommended below are open on Saturday.

Here is the link to UniCredit Bank’s daily exchange rates.

RECOMMENDED BRANCHES
1) UniCredit Bank Headquarters

  • The bank headquarters is located along the Moscow River and less than a 7-minute walk from Park of Culture metro station
  • Address: Prechistenskaya naberezhnaya, 9, 119034 Moscow, Russia
  • Phone: +7 800 700-10-20
  • Opening hours: Mon to Thu 09:00 – 17:00, Fri 09:00 – 16:00

2) UniCredit Bank branch near Moscow Operetta Theatre

  • Its location is just a 2-minute walk from Moscow Operetta Theatre
  • Address: Bolshaya Dmitrovka ul., 10, 107031 Moscow, Russia
  • Phone: +7 800 700-10-20
  • Opening hours: Mon to Fri 09:00 – 20:00, Sat 10:00 – 17:00

3) UniCredit Bank @ Zvenigorodskoye branch

  • This branch is located at the same building with the Post Office on Zvenigorodskoye street
  • Address: Zvenigorodskoye sh., 3А, 123022 Moscow, Russia
  • Phone: +7 495 258-72-00
  • Opening hours: Mon to Fri 09:00 – 20:00, Saturday 10:00 – 17:00

4) UniCredit Bank @ Myasnitskaya branch

  • This branch is situated at the same building with the Barbizon Art Gallery
  • Address: Myasnitskaya ul., 24/2, 101000 Moscow, Russia
  • Phone: +7 495 258-72-00
  • Opening hours: Monday to Friday 09:00 – 20:00

5) UniCredit Bank @ Yartsevskaya branch

  • Its location is a 4-minute walk from Molodezhnaya metro station
  • Address: Yartsevskaya ul., 22с1, 121351 Moscow, Russia
  • Phone: +7 800 700-73-00
  • Opening hours: Mon to Fri 09:00 – 20:00, Sat 10:00 – 17:00

5. Reliable Independent Money Changers in Moscow

Reliable Independent Money Changers in Moscow Image credit: Evropeyskiy Shopping Mall

Independent forex shops in Moscow usually have the locations near train and metro stations as well as tourist sites. Some of them are situated inside shopping malls for the convenience of shoppers.

To find a money changer on the streets of Moscow, just look for shops with the signboards that feature the word “Обмен валюты” or “Exchange”. These shops often have an electronic board outside to show the exchange rates of the day.

Those need money exchange service at weekend can use the service of the shops at 22 Pyatnitskaya street or the money changer inside Evropeyskiy Shopping Center.

RECOMMENDED MONEY CHANGERS
1) Currency exchange shop on Tverskaya street

  • This shop is about a 4-minute walk from Okhotny Ryad station
  • Address: Tverskaya St, 7, Moscow, Russia, 125375
  • Phone: +7 916 378-02-01
  • Opening hours: Monday to Friday 09:00 – 18:00*

2) Currency exchange shop on Pyatnitskaya street

  • Its location is just a 1-minute walk from St. Clement’s Church
  • Address: ul. Pyatnitskaya, 22, Moscow, Russia, 115035
  • Phone: +7 495 951-49-78
  • Opening hours: Daily 09:00 – 18:00

3) Currency exchange shop @ Evropeyskiy shopping center

  • This shop is nestled inside Evropeyskiy Shopping Center
  • Address: Evropeyskiy, Bryanskaya ul., Moscow Oblast, Russia, 121059
  • Phone: +7 (495) 921-34-44
  • Opening hours: Sun to Thu 10:00 – 22:00, Fri & Sat 10:00 – 23:00

4) Currency exchange shop @ Marshala Biryuzova street

  • This shop is situated right behind the Oktyabr’skoye pole bus stop
  • Address: Marshala Biryuzova, 19, Moscow, Russia, 123060
  • Phone: +7 499 194-79-76
  • Opening hours: Monday to Friday 09:00 – 18:00*

5) Currency exchange shop @ Leninsky avenue

  • It is located beside the post office along Leninsky Avenue.
  • Address: Leninsky Avenue, 25, к. 1, Moscow, Russia, 119071
  • Phone: +7 965 430-46-62
  • Opening hours: Monday to Friday 09:00 – 18:00*

*Opening hours may vary. Call first before visiting.

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