In Article 861 para. 2 of the Civil Code of the Russian Federation states that settlements between legal entities or citizens related to business should be effected on a cashless basis.
This means that every business entity - a company, organization or an individual must have a bank account, through which non-cash payments are made.
A settlement account can have any citizen.
Why you need a checking account
A settlement account is a bank account withA unique number by which you can easily find and identify the customer of any bank and track all its money operations - both the receipt of funds and their withdrawal. Initially, when opening a current account in a bank, you do not need to make any cash amounts in cash, but later the current state of this account corresponds to the amount of money that belongs to this client.
The settlement account does not presume chargingBank interest, it is not intended either to generate income, or to store money. This is an operational account, through which the client of the bank carries out non-cash settlements. Since the Russian Federation is purposefully pursuing a policy of reducing the circulation of cash and transferring all settlements, including those carried out by citizens privately, to non-cash form, any person, whether physical or legal, can open settlement accounts.
How to open a current account
If you are an individual, you are sufficientApply to any bank, show your passport and write an application for opening a checking account. Usually for convenience of making non-cash payments this account is attached to the plastic card of this bank - debit or credit. Your application will be reviewed, and in a couple of weeks you sign a contract with the bank on opening a checking account and servicing a plastic card.
You, as an entrepreneur, can refuse to open a settlement account if you submitted incorrect information about the company or false documents. The bank does not have to explain its refusal.
In the event that you are a legal entity orA private entrepreneur, the opening of a settlement account does not depend on your desire, since the amount of cash payments in the conditions of entrepreneurial activity is limited by 100 thousand rubles. Therefore, although the law does not oblige you to open a settlement account, you will do it on an objective basis.
Specify in the bank requirements for the form of certification of the provided documents, they can vary everywhere.
Each credit institution may have its ownNuances when opening a settlement account, they are usually posted on the official website of this bank. But from those documents, the presentation of which is mandatory for everyone, you will need:
- an extract from the Unified State Register of Legal Entities, received not later than one month before the application to the bank-
- certificate of state registration-
- certificate from the tax inspection with INN-
- the statutory documents of the organization, the decision of the general meeting of the founders or shareholders on the creation-
- a letter on registration in the statistics bodies-
- orders on appointment of the head and chief accountant-
- Documents confirming the actual location of the organization.