Banks and Currency
Only one currency can be used to pay at all stores and restaurants in Russia – the Russian rouble. The rouble is made up of 100 kopecks. Circulating coins exist in denominations of 5, 10 and 50 kopecks, as well as 1, 2, 5, and 10 roubles. There are also rouble notes in denominations of 10, 50, 100, 500, 1,000 and 5,000 roubles. It is possible to exchange roubles immediately upon arriving at the airport, though the exchange rate at such offices is not always the most favourable for tourists.
Most places also allow you to pay by card.
Students who have budget and state-funded places can get/ will receive bank cards for student scholarship transfer. To do this, students should fill out an application at their Programme Office at the beginning of their studies. If a student has a fee-paying place then in order to obtain a bank card he/she needs to apply to a bank office. HSE University, Perm cooperates with Sberbank, Klookva and VTB, but students may apply to any other bank. In order to become a bank client you shoud bring your passport and a Russian translation of it. Please pay close attention to the bank’s terms and conditions. A feeis charged for using bank cards.
Currency can be exchanged at any bank branch in the city, but it is necessary to present your passport and its translation for this. Near the Higher School of Economics, there are a number of banks. Use 2GIS app to find them. For those who are in a hurry or simply forget their passport in the morning (which we really do not recommend doing), the simplest way of transferring money into roubles is at ATMs. All ATMs have a menu to select a language, and roubles can be withdrawn using any MasterCard or Visa card with a transaction fee.