What you need to know in order to open a bank account

According to the norms of domestic legislation, any citizen or organization has the right to open an account with a bank. It is noteworthy that their number is unlimited. The law quite clearly states that the relationship between the bank and the client (physical or legal person) is regulated by the relevant document - the contract for settlement and cash services.

When you choose in which bank it is best to open an account, here you should be guided by the following criteria:

• payment for opening and further services;
• availability of the "Bank-Client" service (it is important to clarify whether there is such a service in general, how much it costs, how quickly access to it can be obtained);
• the location of the banking institution;
• availability of loyalty programs for clients (granting loans on preferential terms, for example).

An individual can open a bank account much easier. First of all, we come to the chosen financial institution, not forgetting to seize the passport of a Russian citizen. Next, you should state your intentions to the serving manager. And then you have two options. The first is the opening of a savings account. Simply put, a deposit. Yes, it will allow you to receive additional income, however, the main inconvenience is that you will not be able to withdraw your funds until a certain point. Rather, you can take it, but then you do not have to count on additional profit. The second option is to open an account with the bank, which will be used for permanent withdrawals and replenishments of cash. Usually it is called "On demand" or something like that.

In the event that an enterprise intends to open an account with the bank, it will need to provide a lot of documents. And their set does not change much from one financial organization to another. Usually you need to provide:

• a copy of the certificate of registration (either from the USRIC, or from the Unified State Register of Legal Entities);
• A copy of the charter;
• a letter informing about the assignment of statistics codes;
• A copy of the certificate confirming that a legal entity or an individual entrepreneur is registered with the local body of the Federal Tax Service.

In addition to all of the above, you will need to provide copies of orders that mention the appointment of a citizen by such a director (+ protocol on election), and a citizen of such and such - the chief accountant. Of course, all papers submitted to a financial institution should be notarized.

After signing the corresponding agreement, where all necessary details are reflected, it is necessary to immediately go to the tax authority to inform about the beginning of using a new banking product. This law takes a week. Do not invest in it - prepare 5 thousand to pay a fine.

Price of issue

And now let's see how much it costs to open a bank account. That's a pretty serious question, is not it? Monitoring the domestic financial services industry shows that individuals can not worry about this: for them everything is "at the expense of the firm." But the legal will have to look for a suitable option. You can get a free service at SDM-Bank, Master-Bank and Moscommertsbank. All their competitors offer paid service. And the money will have to be given not only for the opening, but also for further maintenance.