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RSHB Bank: A Key Player in Russian Banking

Comprehensive review of RSHB's limits, perks, and advantages versus top banks

03.06.2025 • 3 minutes read

Popularity

Limits and ban risk for high amount transactions

ATM accessibility

• General Overview

• Transaction Limits and Account Freezing

• Account Types and Maintenance Fees

• Rewards and Perks

• Advantages over Competitors

• Technology and Mobile Banking

General Overview

RSHB (Russian Agricultural Bank) is one of Russia’s largest state-owned banks, established in 2000. While its core focus is financing the agricultural sector, it also serves a broad range of retail and business clients. RSHB ranks high in branch and ATM coverage, trailing only giants like Sberbank and VTB. The bank’s popularity is driven by its wide presence and strong government backing.

Transaction Limits and Account Freezing

RSHB applies standard daily limits for transfers and cash withdrawals, similar to most major Russian banks. Individual clients can typically transfer up to 600,000 RUB per day via cards. Account freezing for large transactions is uncommon but possible for suspicious or unusual activity, following anti-money laundering practices seen at competitors like Alfa-Bank and PSB.

Account Types and Maintenance Fees

The bank offers a variety of accounts: standard debit, payroll projects, deposits, and specialized services for farmers and agribusinesses. Maintenance is usually free for basic debit cards, while premium products may cost between 1,000 and 5,000 RUB annually. RSHB’s fees are generally moderate compared to PochtaBank or Rosbank.

Rewards and Perks

RSHB has its own rewards program: cardholders earn points for purchases, redeemable for discounts at partner merchants. Premium card users enjoy higher cashback, insurance, concierge services, and special mortgage rates. While its loyalty program is smaller than Sber or Tinkoff, it offers better value than Gazprombank or PochtaBank.

Advantages over Competitors

RSHB stands out with government support, a strong regional branch network, favorable terms for agribusiness, and financial stability. Unlike Kaspi or PrivatBank, RSHB is deeply focused on the domestic market and reliability. The bank also provides unique loans and benefits for agricultural producers, which most rivals lack.

Technology and Mobile Banking

RSHB is actively developing its digital services: mobile app, internet banking, Apple Pay/Google Pay, and integration with the Fast Payments System (SBP). Its digitalization level is below leaders like Alfa-Bank, but ahead of PochtaBank and PSB in usability and features.