What is the best way to transfer RFP from Euro company to Russian bank?

Question

Payment systems

Hello. What is the best way to transfer salary in euro from a European company to a Russian bank to a foreign currency account of an individual. or legal faces? How to do it at the lowest cost? Is it better to transfer directly or through an intermediary (payoneer, epayments)? What other intermediaries exist (besides the two mentioned above)?

Answer 1

Payoneer ceases to service cards in Russia from May 27. ePayments is already sad.
You generally don't have many legal options.
1) Open a bank account in Europe (but judging by the question you do not want this)
2) Just open an account with a normal bank Alfa, Tinkoff, etc. and receive money for it
. The lowest costs, probably IP 6%. With self-employment, I would not risk it.
You can receive official non-cash on individual entrepreneurs and on your personal account. Upon receipt to a personal account, you need to fill out a declaration and pay 13% tax, with an individual entrepreneur, standard simplified reporting.

Answer 2

It depends on the amount, but as a rule, Transferwise gives the best total rates for transfer and conversion to rubles.
If we are talking about thousands of dollars, then a SWIFT currency transfer may be more profitable. But the final overhead also depends on the rates for foreign exchange transactions in your Russian bank.

Answer 3

For the indicated amounts 2-4K, at the lowest cost - directly to the foreign currency account of an individual via SWIFT, then you can convert it into rubles at the normal rate (in a bank or through an exchange - the rate will be better). This is if with the SHA option they send and bank rates for SWIFT are more or less adequate.
For small amounts - a SEPA payment to the IBAN of an intermediary like Transferwise or even a payoneer card can be more profitable in certain cases, even taking into account exchange rates / additional fees. commissions.