The banking sector and everything related to money requires strictness and adherence to details. Without correctly filled fields in the documents, it is impossible to receive payment. Therefore, the ability to handle the requisites becomes relevant.
Make no mistake
Strictly speaking, requisites are a form of human identification. TIN, bank accounts, payment details of private business owners and large organizations - these are the details. But in one case or another, their purpose and form of use are different.
Requisites are necessary for the transparency of the transaction and mutual trust of the parties involved in it. No payment system will issue a trust limit without authentic payment details.
For whom
This is especially true of individual entrepreneurs (IE) who are not as widely known as banks, large enterprises, etc. With the help of requisites, a quick check of information about the entrepreneur takes place, and without them, the business becomes illegal.
It will be impossible to run your business successfully, because no potential client wants to participate in a deal that seems dubious to him.
Let's look at specific examples
The bank details of an individual assume the presence of mandatory data about the owner of a bank account or card:
-initials;
- TIN is required, for payments to the budget, a checkpoint is needed - the code of the reason for registering with the bank;
-number of the current account;
- the full name of the beneficiary's bank and the address of the location;
-BIK - identification code of the bank in which the account is opened;
-correspondent account;
- for Ukraine, you need to indicate the MFO - interbranch turnover.
In Ukraine, there is the concept of a transit account, through which payments come directly to the bank, and the purpose of the payment is then considered the most important point. Most of the enterprises use a transit account, to whose accounts payments are transferred according to the EDRPOU code - the Unified State Register of Enterprises and Organizations of Ukraine.
Some banks or payment systems require you to indicate the purpose of the payment and information about the owner of the card or account to be replenished. You also need a legal address or place of actual registration, which is the same thing.
For enterprises and individual entrepreneurs, the details are generally the same, only they differ and some columns are added.
Bank details are "conductors" of payments, fixing their receipt, and the details of an enterprise or individual entrepreneur are identifiers of the specialization of the activity, the identity of the owner and the location.
The last five points are unique, common and obligatory, without which no credit institution will begin to process financial transactions.
Thus, the requisites are necessary for an individual or enterprise to enter into adequate economic relations with the same people or organizations - subjects of economic activity. In addition to the presence of the details themselves, you need to take into account their correct filling, without which it is impossible to talk about calculations.
In addition, the bank's security service can block the account if the data is submitted incorrectly.
