For XIII-XV centuries, poltina was initially the name of the Russian monetary-weight cost unit equal to half a ruble of gold bar. At first this coin was introduced and circulated as a currency in 1654, it was minted from copper having a weight of 16-20 g.

Currency control

Russian International Bank is authorized to perform duties of the Currency Control Agent in accordance with applicable Currency Control regulations:

controls compliance of the foreign currency transactions conducted by clients with legislative and normative acts;

executes transaction ID under foreign trade contracts and credit contracts (loan agreements);

controls terms of Currency Control documents providing and transactions realization by the clients in order to prevent Currency Control violation;

notifies clients of any changes in Currency Control Regulation in the Russian Federation.

Clients are immediately notified of settlement conditions regarding transaction ID and on demand, they are provided with copies of Currency control documents. Our highly qualified staff of the Bank will help you to fill out the Currency control documents and provide free-of- charge consultations regarding a wide range of issues. By executing foregin trade transactions through the Bank, you are enabled to:

to prevent the conduction of foreigh trade transactions and provision of documents violating procedure established by Currency Control regulation of the Russian Federation;

to prevent the conduction of foreign trade transactions and provision of documents in violation of procedure established by Currency Control Regulation;

to apply optimum methods to exchange documents with the Bank (in cases permitted by Currency Control Regulation the Bank receives Currency Control documents from the clients by the system CLIENT-BANK).