Money -- how much to take and how to manage it in Russia? Some people are wondering how I'll be paying my rent, groceries, etc. in Moscow and if it will be difficult to get a Russian bank account. All of the indications I've gotten from the ABA is that ATM's are all over Moscow, and it's relatively easy to withdraw money (rubles) to handle day-to-day living in the city. I have a checking account at PNC Bank here in D.C. and, luckily, international ATM withdraws are covered by my checking plan. I'll also be setting up a bank account at a Russian bank to handle rent payments, etc. Depending on the bank, it seems to be pretty easy to set up a Russian account. I've heard Citibank is a nightmare, but some of the local Russian banks are much better. I'll wait to get a local banking recommendation when I arrive. There is no checking system in Russia like the United States. It's still a cash economy. I just want to be able to go to my Russian bank to withdraw monthly (or quarterly) rent payments instead of going to an ATM and withdrawing $2,000 worth of rubles. I'll have to wait until I arrive in Moscow to open the account, but once I do, the ABA will be able to wire funds from my U.S. accounts to the Russian account, which will be convenient. Luckily, as Moscow is essentially now like New York, a lot of my day-to-day expenses can be paid by credit card/debit card, etc. For markets and smaller mom and pop stores, I'll just withdraw rubles from an ATM, which gives the best exchange rate. I don't know how much cash I'll carry into Russia, but I don't expect it will be too much -- just a mix of dollars and rubles to get me off and running when I hit the ground at the Moscow airport. I kind of feel like I'm winging it, but I guess that's part of the adventure. For those of you that know me, I'm sure that doesn't come as a surprise.

