A transit account is a prerequisite for businesses planning to work with foreign currency. It can be opened based on an agreement between the bank and the customer. It is possible to use the export proceeds received on the transit account only after following certain conditions, which are stipulated in the contract.
It is necessary
- - applications for opening transit and foreign currency accounts;
- - a copy of the company's charter;
- - a card with an imprint of the company seal and sample signatures;
- - a certified decision to open an enterprise.
Instructions
Step 1
Prepare the necessary documentary base. To open a transit account, you need a full package of documents that confirm the company's right to work with foreign currency. An account of this type is opened together with the company's foreign currency account, therefore most of the required securities are common for both foreign exchange and transit accounts.
Step 2
Fill out two applications - for opening a transit and foreign exchange accounts. This is the legal basis for all further operations of the bank in cooperation with the client. Applications must exactly comply with the form established by law. Usually, the bank opening the account has samples or forms of such documents and makes them available to customers. Please read them carefully and fill out your copy to open a transit account.
Step 3
Show the bank employees a copy of the charter of the company for which you need to open a transit account. The charter is a confirmation that the company plans to work with financial assets in foreign currency. A copy of the charter must be notarized.
Step 4
Submit to the bank a mandatory card with the company's seal and sample signatures. The bank can use this information in the future for the purpose of identifying the persons involved in currency transactions.
Step 5
Show a certified decision to open a business. If it was written even before the need to open a transit account arose, be sure to include the decision on reorganization in the package of documents.
Step 6
Prepare evidence for the bank that the currency credited to the account is of legal origin and the company has personnel qualified to carry out this type of transaction. After that, the bank will assess the prospects for further cooperation with the institution and issue its verdict.
