Although the law does not require individual entrepreneurs to open a current account, in the case of an online store it is not possible to run a business without one, and for an LLC, having a current account is mandatory — this is a legal requirement.
The specific feature of online retail is that cash register servicing is carried out online. A current account is integrated with an online cash register, which makes it possible to accept payments from customers and also settle with suppliers. In addition, this makes bookkeeping and salary payments easier. Incidentally, Bank Uralsib offers an online cash register for rent.
What documents are required to open a store account?
For LLCs and sole proprietors:
Original passport
If you grant another person authority to manage funds in the account:
Order/Power of Attorney granting signing authority and the right to dispose of funds
Original passport of the account signatory
The bank may request constituent and other documents to ensure compliance with the laws of the Russian Federation and the regulations of the Bank of Russia, including Federal Law No. 115-FZ.»
How to apply for a current account for an online store?
You can submit an online application on our website. Enter your phone number, and you will immediately receive your account details by SMS.
Next, you will need to sign the documents. A bank employee will prepare them and deliver them at a time and place convenient for you. If there is a physical Uralsib office in your city, you can contact it and submit the documents to open the account in person.
Full banking services will be available after signing the required documents; this must be done within 14 days. A manager from our bank will bring the agreement to any location convenient for you. After signing, all services under the selected tariff will be available to you.
Open a current account for your online store right now. Details at the link.
