Doing business with Russia? Here’s how to pay without delays

In 2025, sending international business payments to Russia requires more than just a bank transfer. The evolving geopolitical landscape, currency control regulations, and banking limitations mean that companies and entrepreneurs need reliable, compliant, and flexible payment solutions. Whether you are paying for imports, settling a service contract, or funding a joint venture, choosing the right payment route is essential for speed, cost-efficiency, and security.

This guide outlines five proven methods to make secure, compliant, and timely business payments to Russia. We will also cover key preparation steps, common mistakes to avoid, and how VelesClub Int. together with UNIBROKER can help you keep your transactions smooth and risk-free.

Understanding payment regulations in Russia

All business payments to Russia are subject to the country’s currency control laws, overseen by the Central Bank of the Russian Federation. This means that every incoming transfer must have a documented purpose—usually linked to a contract or invoice—and must be processed through an authorized bank or licensed payment provider.

Payments can be made in foreign currency or Russian rubles, but currency conversion and reporting requirements apply. For large contracts or recurring payments, companies often benefit from working with an intermediary that can optimize routing, handle compliance, and provide alternative settlement options when traditional channels are slow or unavailable.

Five proven ways to make international business payments to Russia

1. SWIFT transfers via operational partner banks

SWIFT remains a primary method for high-value business transactions, but not all foreign banks have active SWIFT connections with Russia. Routing through operational correspondent banks ensures your payment is processed without unnecessary delays. This method is suitable for large contracts, equipment purchases, and other transactions requiring formal documentation.

2. Multi-currency settlement accounts

Using a multi-currency account allows businesses to send payments in USD, EUR, CNY, or other major currencies while controlling the conversion into rubles. This approach minimizes exchange rate losses and provides flexibility to choose the optimal payment time. With VelesClub Int. and UNIBROKER, companies can maintain their existing bank relationships while accessing specialized settlement channels.

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3. Alternative payment systems for restricted cases

When SWIFT is not available or is too slow, licensed alternative payment systems become essential. These systems use authorized settlement partners to process transactions in multiple currencies, often with faster clearance. They are particularly valuable for businesses in sectors affected by banking restrictions or for time-sensitive payments.

4. Escrow services for contractual security

For large-scale contracts or project-based work, escrow accounts provide an extra layer of security. Funds are held by a trusted third party until contractual obligations are fulfilled. This approach is common in joint ventures, construction projects, and intellectual property licensing, ensuring both parties are protected.

5. Crypto-to-fiat conversion under legal oversight

Some businesses hold digital assets that can be converted into fiat currencies for settlement in Russia. Through licensed partners, crypto-to-fiat conversion allows for rapid access to liquidity while complying with AML regulations and currency control laws. This method is gaining popularity among international companies seeking flexible settlement options.

Key steps before sending business payments to Russia

1. Verify the recipient’s banking details: Ensure the account is with a licensed Russian bank and matches the contract.
2. Prepare documentation: Have your contract, invoice, and identification ready for compliance checks.
3. Choose the right payment method: Match your transaction’s urgency and size to the best channel.
4. Plan currency conversion: Decide whether to send in foreign currency or rubles to optimize rates.
5. Consider insurance: For large or strategic payments, insurance adds peace of mind.

Common mistakes to avoid

• Using unverified channels: Non-licensed services may fail compliance checks, leading to blocked funds.
• Incomplete documentation: Missing or inaccurate paperwork can delay processing.
• Last-minute currency exchange: Poor timing can lead to unfavorable rates and increased costs.
• Ignoring alternative routes: In today’s environment, having a backup payment channel is critical.

Why choose VelesClub Int. and UNIBROKER for payments to Russia

In the current business environment, successfully sending payments to Russia requires expertise, compliance knowledge, and access to global settlement networks. VelesClub Int. and UNIBROKER provide an integrated service that includes:

• Full compliance with Russian and international currency control regulations
• Multi-currency settlement capabilities including USD, EUR, CNY, RUB, and major cryptocurrencies
• Optimized routing to minimize delays and costs
• Escrow and insurance options for high-value deals
• Alternative payment routes when SWIFT is unavailable

Our team handles everything—from contract review and document preparation to payment execution and compliance reporting. With access to both traditional and alternative settlement channels, we ensure your funds arrive quickly, securely, and in full compliance with the law.

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Final thoughts

International business payments to Russia in 2025 demand careful planning and the right partners. By choosing a secure payment method, preparing proper documentation, and working with trusted providers like VelesClub Int. and UNIBROKER, you can ensure your transactions are completed without delays, legal issues, or unnecessary costs.

Start your secure payment today

Contact us to discuss your business payment needs to Russia. We will design a customized route that delivers your funds on time, keeps you compliant, and protects every step of the transaction.