The law does not limit the number of current accounts for legal entities and individual entrepreneurs.
An organization or individual entrepreneur may open several accounts. This is convenient if the client wants to obtain favorable terms under different tariffs. Opening several accounts is also convenient if the company operates in several different business areas or organizes its work through separate branches.
How long does it take to set up Current Account Services?
Setup takes just a couple of minutes. Simply fill out an application on the website and wait for a manager to contact you. They will clarify the details and help you choose a suitable tariff. You will receive the current account details immediately after the application is approved.
To use all Current Account Services features, you need to sign the agreement within 14 days after submitting the application. You choose where to meet the bank representative. This can be an office, a branch, your home, or a café. The meeting is free of charge: the manager will come at a convenient time and bring the documents for signing.
To open an account, sole proprietors and legal entities will need the original passport. A representative of an LLC must additionally provide the constituent documents and other papers required by law and the Bank of Russia (including Federal Law No. 115-FZ).
If you are opening an additional current account at the same bank, it is sufficient to present only your passport. The remaining information is already available in the organization's system.
Uralsib offers several Current Account Services tariffs & fees with different terms. For example, cash withdrawal limits and fund transfer limits. The maintenance cost depends on the selected service package. Opening a current account remains free of charge, allowing you to start operations without unnecessary expenses.
When can the bank close a current account on its own initiative?
The bank has the right to close a current account if:
there are no funds in the account, and the last incoming transactions were made more than six months ago;
the organization has been officially liquidated.
The account may also be blocked and closed if the bank suspects the client of carrying out suspicious transactions. In this case, the financial institution will block access to the account and request documents confirming the legality of the incoming funds.
The bank is required to notify the client of the account closure, except in cases of liquidation. The remaining funds in the account can be transferred or received in cash.
