Current accounts for business

Opening of current accounts allows making non-cash payments in national and foreign currency, purchase and sale of the currency, conducting commercial activity and receiving statements and certificates to keep records, and getting additional income to the current accounts balance. 

Account transactions in national currency:

• opening, maintenance and closure of accounts;
• payments on behalf of customers;
• direct debit transfer;
• cash-in and cash-out;
• issue of customers account statements and certificates;
• consulting and other services

Account transactions in foreign currency:

• opening, maintenance and closure of accounts;
• international payments through the network of correspondent accounts in SWIFT system;
• foreign currency purchase, sale and conversion;
• writing off and crediting of the customers’ funds;
• issue of customers account statements and certificates;
• intrabank transfers;
• change of international payments terms on behalf of customer;
• conduct of an inquiry of transfers at customer’s request;

Advantages offered by current accounts

• safe storage of money;
• transactions confidentiality;
• remote servicing;
• accrual of interests on the account balance (for accounts in national currency);
• attaching of personal manager and account executive;
• execution of overdraft for the current account;
• possibility of processing documentary operations: warranties, letters of credit, collections of payment and others;
• high rate of making international payments;
• no restrictions of payment geography – thanks to extensive network of correspondent accounts with foreign banks;
• providing qualified assistance – in the event of complex issues of currency regulation, public control of foreign trade transactions.