El notes

The official version is as follows: Bank of fighting for the transparency of the banking system, and street bureaux de change – a hotbed of fraud, is not amenable to control and supervision of the official authorities.

Indeed, the usual Russia currency exchange – is an independent business not associated with any bank. Home exchangers themselves set the rates and rules of exchange rates, and often still deceiving gullible citizens, according to the Interior Ministry on the basis of their operational information. For some reason, MUP has not yet taken advantage of its operational information to combat fraud committed exchangers, remains a mystery.

blamed for the closure of street bureaux de change banking lobby somehow not bring myself too. Exchangers banks are not competitors. While the currency exchange operations truly are the most in demand banking services in Russia, the volume of transactions is not the same, that 10-15 years ago. Citizens increasingly prefer to change money in the bank offices, and the demand for cash foreign exchange transactions each year is falling. But the growing popularity of foreign currency deposits.

defenders have little exchangers. Is that the Federal Antimonopoly Service of fears that their abolition will decrease the level of competition in the market for banking services, and encourages the Central Bank before the close exchangers, think of them a decent alternative.

From a consumer perspective, the only dignity of street bureaux de change in comparison with similar services of banks – is a flexible and more profitable rate. Therefore, the Central Bank has the sense not to think of literal replacement exchangers, and change the banking regulations so that banks were less likely to profit from consumers.

Exchangers – a sign of its time. Like other attributes of the 90’s. (remember the grandmothers, who traded cigarettes and a bow at the entrance to the subway, or flea markets, reborn in modern shopping centers), bureaux de change are destined to go into the past.

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