Raiffeisenbank, part of the Austrian banking group Raiffeisen Bank International, is set to raise the price of its transaction reporting service starting May. The information appeared on the bank’s Telegram channel as part of an official update from the lender.
Under the new pricing, the SMS only option will cost 199 rubles per month for both main and additional cards, according to the channel notice.
According to the update, this service does not affect the receipt of notifications used to confirm transactions.
Meanwhile, the push only tariff will continue to be free. The combined Push and occasionally SMS option will cost 99 rubles per month for main and additional cards. Beginning April 10, notifications will cover purchases only when they exceed 1,000 rubles.
The Raiffeisenbank press service also reported in the latter half of March that outbound transfers in dollars for private clients would be limited starting April 3. Transfers will be available only to customers of the Friedrich Wilhelm Raiffeisen division, those served as premium or premium five clients, who joined before the end of February.
At the end of March, RBI chief Johann Strobl outlined plans to exit the Russian market by withdrawing from the bank group’s local operations.
Industry observers note these moves reflect broader shifts in the regional banking landscape, with the lender balancing the needs of retail customers, high net worth individuals, and the strategic decision to scale back activities in Russia. Analysts highlight that price adjustments for reporting services may affect daily banking habits for customers who rely on real-time updates, while the tighter controls on cross-border transactions could influence dollar-based activity for residents and visitors alike. The unfolding policy changes will be watched closely by regulators and customers across Canada and the United States who engage with Raiffeisenbank through international channels. The bank has indicated that more details will follow through official channels as the situation evolves. Attribution: RBI press communications and official Telegram announcements are the primary sources for these updates. Additional context comes from market commentary issued by financial news desks and sector analysts.