Current account in Balashikha

Yes, an individual entrepreneur or company may have several current accounts. The law does not impose any restrictions on this.

Businesses often need to open a second account. This can be convenient in various situations, for example, if different tariff plans need to be used. To submit an application to open a second account, fill out the online application on the Uralsib website. After that, you will receive the bank details of the reserved account almost immediately via SMS. 

A certificate confirming the existence of open current accounts can be obtained at a bank branch or electronically via the remote banking service system (Uralsib Online). This document contains account details, information on their opening, and the currency. The cost of the certificate is determined by the bank’s tariffs & fees.

The absence of a current account for an individual entrepreneur may lead to various restrictions:

• the maximum amount of a single cash settlement contract must not exceed 100 thousand rubles;
• most companies work only with cashless settlements, which limits the opportunities to find partners;
  
• without an account, it will not be possible to obtain a loan or lease financing, since funds are provided only by cashless method.
  

For individual entrepreneurs working with foreign partners, having a current account with a bank is mandatory.

To fund your current account, use one of the convenient methods below:

• transfer funds from another bank account;
• deposit cash at a branch cash desk;
  
• use a business card to fund the account via an ATM or terminal (the “Self-collection” option);
  
• use an ATM of partner banks such as VTB, Alfa-Bank, and Raiffeisenbank.
  

The time it takes for money to be credited to an account may range from several minutes to 5 business days. The transfer speed depends on the time of day, the type of transfer, the payment system used, and the nature of the transaction (intrabank or interbank). 

Usually, when using the Faster Payments System (SBP), money is credited to the account instantly, while a standard bank transfer in rare cases may take up to 5 business days.