Diary of a Russian Wife

7/16/2007

How to Send Money to Russia

My husband has started posting useful links on his blog. Well, here are my 2 cents.

How to send money to Russia? Western Union is a well-known and reliable service, but pricy. Some women who want to send money to Russia to their parents and relatives, open a separate checking account and send a check card to Russia. Very insecure, in my opinion.


We use iKobo. We have discovered this service several years ago, when they just started. Their rates are very low. To send $100 to Russia costs only 3 bucks.

First time when you send money, iKobo sends a pre-paid VISA card to your recipient (for free unless you want urgant delivery.) Then, you just fund money to that account, and almost immediately your recipient can withdraw money from any ATM machine.