During the registration or accreditation procedure, you will be required to open a bank account. While you may have selected your bank at home based solely on service features or location, in Russia the task is a little more complex.
First, choose a reputable bank. If it is not a subsidiary of a foreign bank you are familiar with, then you want to limit yourself to a handful of large, established Russian banks. Ask other business people what their banking experiences have been. Once you have narrowed the list for reliability, you can differentiate based on services offered and level of customer service.
Location is also important, as you will need to work with one branch regularly; you will save a lot of time if it isn't on the other end of town. Due to a quirk in Russian banking, an account opened in one branch often cannot be operated from a different branch. Make sure you also look at electronic banking options as part of the service package you’d like in a bank.