The Ministry of Finance of the Russian Federation heads the system of financial bodies of the Russian Federation, which is the executive body that ensures the implementation of a single financial, budgetary, tax and currency policy and carries out general management of the organization of finances in the Russian Federation.

The Central Bank of the Russian Federation is a government body and carries out government management in the field of banking.

The Accounts Chamber of the Russian Federation is a financial control body for the timely execution of all items of the federal budget.

The Federal Treasury controls the implementation of budget policy as a whole.

The Federal Tax Service is part of the system of central government bodies.

The Customs Service is a source of replenishment of the state treasury.

The Russian ruble is the monetary unit in our country. 1 ruble = 100 kopecks.

Thanks to modern developments by Russian scientists, citizens of our country use not even a bank card for payments, but an application in a mobile phone, or you just need to smile at the camera and you can thus pay for a ride on the metro or a bill in a cafe. We carry out all transfers mainly in a banking application on the phone.

In Russia, we can have many accounts in different banks. Bank card – “MIR”, many download the mobile application of the “MIR” card, and you can thus enter all your “MIR” cards into the application and pay as you like. But some still use a plastic card the old-fashioned way.

There are 309 banks operating in Russia. Very popular ‘VTB’, ‘Sberbank’, ‘T-bank’, ‘Gazprombank’ and others.