The bank opens 2 types of accounts allowing individuals to make payments.
Individuals' current RUR accounts allow customers to make cashless RUR payments using the most convenient methods: with payment orders or with the use of credit letters. One should remember that such payments must not be associated with commercial activities.
In order to open a current RUR account and perform operations with the use of payment orders an individual must visit the bank, carrying personal identification and the bank details of the beneficiary of the intended payment. Beneficiaries (recipients) may be legal entities (companies and organisations, individuals or individual entrepreneurs. The bank's clients may entrust the funds in their current accounts to their trustees on the authority of Powers of Attorney completed at the bank or by notary public.
Having been granted access to the internet banking system for individuals, clients may perform all operations involving their accounts through the internet. They can convert currencies, make money transfers or make deposits to card accounts.
Individual foreign currency accounts allow their owners to pay in foreign currencies, without limitations, for goods purchased for personal use, education or medical treatments abroad, send gratuitous monetary assistance to their relatives and friends and a lot more besides as long as they remain in compliance with the Federal Law No. 173 FZ "on Foreign Currency Regulations and Controls".
Clients may transfer money to their accounts opened with banks outside the Russian Federation, provided that they produce notifications of the opening of such accounts checked by tax authorities at the place of registration.
An individual may transfer no more than $5,000.00 US within one business day of the bank without opening a Russian bank account.
Operations are performed on the bases of applications completed on set blank forms or of accounting documents completed as prescribed by the laws and endorsed with signatures provided to the bank on sample signature cards, form 0401026.
The bank accepts applications or payment orders when there are sufficient funds in sender’s accounts. Partial payments on payment orders are not acceptable.
