In what case are current accounts closed at the bank’s initiative?

The bank may close a current account for the following reasons:

• For 6 months, the client has not used it even once.
• The account balance is zero or negative (if an overdraft was connected), and no funds have been credited to it for 6 months.
  
•   There are suspicions that the current account is being used for money laundering. In this case, the bank will first suspend all activity on the account and ask the client to provide documents that can confirm the legitimacy of the incoming funds. If it is not possible to confirm legitimacy, the bank will initiate the closure of the current account.  
  
• The bank may also close a current account in the event of the liquidation of the client, a legal entity.

In all cases, except for the liquidation of a legal entity, the bank обязательно sends notification to clients of its decision. If there are funds remaining in the account, they must be transferred to another bank or received in cash.