Sberbank has launched currency exchange at ATMs on a 'cash for cash'…
Sberbank has launched currency exchange at ATMs on a 'cash for cash' basis. Any individual can exchange dollars, euros, yuan, dirhams, or rubles; a bank card is not required.
Consensus
- Sberbank has launched the ability to exchange cash currency in ATMs.
- The service allows exchanging rubles for dollars, euros, dirhams, or yuan, and vice versa.
- No bank card is required to use the service.
- The limit per transaction is 40,000 rubles or equivalent in foreign currency.
- The exchange operates on a 'cash-for-cash' principle.
- The service is available in airports such as Sheremetyevo, Domodedovo, and Vnukovo.
- The service will expand to more than 30 cities across Russia.
Points of divergence
- The service was previously only available in bank branches before the ATM rollout. — kommersant
- The system automatically determines the exchange rate and final amount. — kommersant
- By August, the service will be available in 255 ATMs; by year-end, in 500 ATMs. — kommersant
- The first currency ATMs were installed in 30 locations including specific cities such as Ivanovo, Irkutsk, Kazan, and others. — vedomosti
- Tinkoff Bank (then known as T-Bank) introduced a similar service in 2023 with no restrictions related to monthly withdrawal limits or Central Bank of Russia currency withdrawal caps. — vedomosti
Coverage (5 sources)
- Sberbank launched cash currency exchange in ATMs — Коммерсантъ
- Sberbank Allows Changing Cash Currency at ATMs — Дождь
- Sberbank Allows Cash Currency Exchange at ATMs — Дождь (Telegram)
- Sber launches currency exchange in ATMs on a 'cash for cash' basis — Московский кэш
- Sber launches currency exchange in ATMs on a 'cash for cash' basis — Ведомости