Current account in Vladikavkaz

The law does not limit the number of current accounts that an individual entrepreneur or legal entity may have.

An entrepreneur or company may open several accounts, both with one bank and with different banks. This is convenient if, for example, it is more advantageous to connect acquiring with one bank, while another makes it easier to work with cash. Also, within one bank, you can open several accounts for different business areas or branches.

Opening an account takes just a few minutes. First, fill out a short online application. Immediately after you submit it, an employee will contact you and arrange a convenient time to sign the agreement with the bank. This is required to obtain full access to transactions. The documents must be completed within 14 calendar days. The sooner you sign the agreement, the sooner you will be able to start using all the features of the current account.

You can find out how much money is in your current account in several ways:

• go to the mobile app: balance information will be displayed on the home page;
• open your personal account: go to Online banking via your browser; 
• call the hotline: the operator will tell you the account balance;
• visit a bank branch: do not forget to bring your passport with you. 
• enable SMS notifications: balance information will be sent automatically.

Yes, an application for current account services may be submitted by anyone. However, only the entrepreneur themself or an authorized person with a notarized power of attorney may sign the application for opening an account. This may be a relative, CEO, lawyer, or accounting employee.

Funds may be credited to a current account within seconds or within several business days. It all depends on the transfer method and conditions. The crediting speed is affected by the type of transaction (intrabank or interbank), the payment system used, and the time and day the funds are sent.

A transfer made through the Faster Payments System (SBP) is credited almost instantly. For standard bank transfers, the processing time may be up to 5 business days.