In what cases can the bank close an account?

The document will contain information about available accounts, their opening date, and currency. Issuance of the certificate is subject to a fee in accordance with the bank's tariffs. In what cases can the bank close an account? The bank has the right to close a current account in the following cases:

• the client has not conducted any transactions on the account for six months;
• the account has a zero or negative balance, and no funds have been credited to it over the past six months;
• the company is undergoing liquidation proceedings.

If the bank suspects that Current Account Services are being used for illegal transactions, it will block them. The client will need to provide documents confirming the legality of the incoming funds. If their legality cannot be confirmed, the bank will have to close the account.

In all cases, except for liquidation, the bank informs the client of its decision in advance. If there is money left in the account, it will need to be transferred to another account or withdrawn in cash.