I have Russian citizenship. Even though I live in another country, banks really don’t like Russians having bank accounts in them and can close the account for any random reason such as a “suspicious” transaction. Also, whenever I do a SWIFT transaction between banks of different countries, the fee is typically between 20 and 100 USD, not easily predictable in advance, and whether the transfer will reach the destination or silently bounce back after hanging there for a few days is anyone’s guess.
I have Russian citizenship. Even though I live in another country, banks really don’t like Russians having bank accounts in them and can close the account for any random reason such as a “suspicious” transaction. Also, whenever I do a SWIFT transaction between banks of different countries, the fee is typically between 20 and 100 USD, not easily predictable in advance, and whether the transfer will reach the destination or silently bounce back after hanging there for a few days is anyone’s guess.
That makes sense. Thanks!