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Raiffeisenbank is introducing a commission on incoming currency transfers

Raiffeisenbank is introducing a commission on incoming currency transfers

June 9, 2023

The bank's website says that from June 20 a commission will be introduced on incoming currency transfers from third-party banks.  "Due to changes in market conditions, the bank is forced to limit the number of incoming transfers in U.S. dollars," Raiffeisenbank explained. The fee will be 50% of the transfer amount, but no more than $500.

The changes will not affect incoming transfers transferred to the accounts of legal entities, individual entrepreneurs and private banking clients.

The conditions for outgoing currency transfers remain the same.

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