Meridian Imports Pvt Ltd

Trade 1 ยท India buying from Russia

Who is trading with whom?

The countries you pick decide which banks, currencies and rules apply for the rest of this trade.

Your country

11 members
๐Ÿ‡ง๐Ÿ‡ท BrazilBRL

Founding member ยท you pay from a BRL account.

๐Ÿ‡ท๐Ÿ‡บ RussiaRUB

Founding member ยท you pay from a RUB account.

๐Ÿ‡ฎ๐Ÿ‡ณ IndiaHome

Founding member ยท you pay from a INR account.

๐Ÿ‡จ๐Ÿ‡ณ ChinaCNY

Founding member ยท you pay from a CNY account.

๐Ÿ‡ฟ๐Ÿ‡ฆ South AfricaZAR

Joined 2010 ยท you pay from a ZAR account.

๐Ÿ‡ช๐Ÿ‡ฌ EgyptEGP

Joined 2024 ยท you pay from a EGP account.

๐Ÿ‡ช๐Ÿ‡น EthiopiaETB

Joined 2024 ยท you pay from a ETB account.

๐Ÿ‡ฎ๐Ÿ‡ท IranIRR

Joined 2024 ยท you pay from a IRR account.

๐Ÿ‡ฆ๐Ÿ‡ช United Arab EmiratesAED

Joined 2024 ยท you pay from a AED account.

๐Ÿ‡ธ๐Ÿ‡ฆ Saudi ArabiaSAR

Invited 2024 ยท you pay from a SAR account.

๐Ÿ‡ฎ๐Ÿ‡ฉ IndonesiaIDR

Joined 2025 ยท you pay from a IDR account.

Scroll inside the list for all 11 members

Country you are buying from

11 members
๐Ÿ‡ง๐Ÿ‡ท BrazilBRL

The exporter invoices through a Brazilian bank in BRL.

๐Ÿ‡ท๐Ÿ‡บ RussiaPartner

The exporter invoices through a Russian bank in RUB.

๐Ÿ‡ฎ๐Ÿ‡ณ IndiaINR

The exporter invoices through an Indian bank in INR.

๐Ÿ‡จ๐Ÿ‡ณ ChinaCNY

The exporter invoices through a Chinese bank in CNY.

๐Ÿ‡ฟ๐Ÿ‡ฆ South AfricaZAR

The exporter invoices through a South African bank in ZAR.

๐Ÿ‡ช๐Ÿ‡ฌ EgyptEGP

The exporter invoices through an Egyptian bank in EGP.

๐Ÿ‡ช๐Ÿ‡น EthiopiaETB

The exporter invoices through an Ethiopian bank in ETB.

๐Ÿ‡ฎ๐Ÿ‡ท IranIRR

The exporter invoices through an Iranian bank in IRR.

๐Ÿ‡ฆ๐Ÿ‡ช United Arab EmiratesAED

The exporter invoices through an Emirati bank in AED.

๐Ÿ‡ธ๐Ÿ‡ฆ Saudi ArabiaSAR

The exporter invoices through a Saudi bank in SAR.

๐Ÿ‡ฎ๐Ÿ‡ฉ IndonesiaIDR

The exporter invoices through an Indonesian bank in IDR.

Scroll inside the list for all 11 members

CURRENCY PAIR

INR โ†’ RUB

Based on your selected importer and exporter

BANKS INVOLVED

2

Indian AD bank and Russian commercial bank

SETTLEMENT OPTIONS

3

Compared by cost, timing and availability

There is no single BRICS currency. Each country pair uses its own banking arrangement.
BRICS+

A walk-through of local-currency trade between BRICS members: one invoice settled without dollars, then every way the earned balance can be spent, converted or invested. Every party, price and reference here is mock data built for learning.

ยฉ ยท Educational project. Not a price quote, an offer or financial advice.Designed and built by Ayush Maurya