Cash settlement services for legal entities. Settlement and cash services for clients of a commercial bank (RKO)
Now the law creates a situation where various intermediaries are used for settlements. Previously, interaction took place directly between interested parties. But now this is unlikely. There are a number of objective reasons for this. Little goes past the banks these days. What is banking cash services?
general information
The main activity for any financial and credit institution is cash management services for bank clients. For this purpose, the following possible cash flow operations are proposed:
- Registration.
- Accounting.
- Storage.
- Recalculation.
- Collection.
- Moving.
To get started, you should enter into a bank account agreement for cash settlement services for the client. Financial transactions will be carried out using it in the future. Depending on the currency and specific issues, the maximum number of open accounts may vary. It should be noted that different packages of banking services are offered to individuals and legal entities. Some of them are carried out free of charge. The cost of others is regulated by the laws of the country, which is mandatory for all commercial structures. How are settlement and cash services carried out in a bank?
In the beginning there was an agreement
When an agreement is concluded, the parties can make certain additions and requirements. In case of non-compliance with the rules of the agreement, the offending entity is punished with a fine. Its size is controlled by law. In general, when concluding contracts you need to be extremely careful. Very often, bank employees want to “shove in” a number of additional services that they have according to their internal plan. Therefore, you need to keep your eyes open with this.
Legal regulation
Having a ruble account (or in another currency) allows you to carry out a large range of transactions. Legal regulation in this case is used to ensure the safety of placement, storage and use of savings and profits received as a result of commercial activities. For us in this case, the greatest interest is:
- Civil Code of the Russian Federation.
- Federal legislation.
- Regulations of the Central Bank of the Russian Federation.
But still, the most significant at the everyday level is the agreement that is concluded by various parties. When resolving disputes and conflicts, it acts as the main regulatory mechanism. Therefore, you should be very well versed in all aspects and nuances of the documents being signed in order to receive high-quality banking settlement and cash services.
Why is this necessary?
Opening an account is a necessary step to gain access to a basic package of banking services. This allows us to ensure a competent approach when conducting operational commercial activities. In this case, the state regulates the following points through legislation:
- Crediting of received funds.
- Transfer of amounts to the accounts of other citizens.
- Storing money.
It should be noted that contracts may additionally stipulate the obligations and rights of the parties, as well as various specific features. Now let's talk thematically. Initially - about banking settlement and cash services for legal entities. This means a range of services, the main goal of which is to meet the needs of organizations and enterprises. In this case, uninterrupted operational cash flow is extremely important. A special point is access and the ability to carry out foreign exchange transactions. They can be carried out when there are three types of accounts:
- To purchase currency.
- Transit.
- Current.
But the main task is to carry out cash transactions. Financial institutions can provide not only basic services such as receiving, issuing and accounting, but also help with collection and other manipulations.
Working with individuals
But the most common is still interaction with ordinary citizens. Banking settlement and cash services for individuals is a separate area of activity of these financial and credit institutions. It should be noted that this area is promising due to its significant audience of clients. Thus, the following is offered to the public:
- Opening/closing accounts.
- Cash withdrawal at the branch cash desk.
- Making money transfers.
- Accrual of a certain percentage on the balance of your own funds in the account.
- Translation by order.
- Carrying out operations by agreement.
- Generating and providing information on all movements of funds.
- Conducting money transfers.
- Acceptance of funds to pay taxes, fines, insurance and housing and communal services.
This is, so to speak, the basic kit. But you can also get a number of additional services, the task of which is to automate the movement of funds and facilitate financial control. What can cash management services offer? Sberbank, for example, offers the following advantages:
- Receiving a salary, stipend or pension.
- Cash withdrawal from ATMs (only with plastic cards).
- Payment for services and goods via the Internet.
- Depositing funds into various funds.
- Making payments to meet personal needs.
Nowadays, various Internet services play a very important role, providing the population with a number of convenient tools.
What are they in practice?
What does cash settlement services for bank clients look like? St. Petersburg and Moscow are slightly different in terms of quality from, say, Ryazan, but in general, everything is based on the same principles. So, everything is based on the quick and safe execution of orders, the creation of statements and notification of the movement of funds. Everyone can independently choose a set of services, which will best satisfy their needs. It should be understood that all economic relations that are built between a financial and credit organization and its client are based on certain instructions and the timeliness of their implementation. Today you can act in both real and virtual space. Moreover, in the latter case, there is no need to be present in person at the department, which is quite comfortable and saves time, effort and money. Cash settlement services for bank clients also contribute to a significant reduction in the amount of time it takes to complete a transaction from the user’s point of view.
Currency operations
It has already turned out that business entities, when expanding the field of their work, are simply obliged to interact with some foreign partners. Because of this, there is a need to use euros or dollars for payments. In this case, to legally use another country's currency, you must have three accounts. They have already been listed earlier. Now all that remains is to figure out their purpose. So, funds are credited to the current account for future use. Transit is used to control and allocate revenue.
Currency accounts are used to account for funds from another country that were purchased on the national market. From a legal point of view, everything looks like this: the bank makes a purchase or sale based on orders created by the client. Also, each financial organization is responsible for carrying out conversion transactions. After all, legal entities are now required to sell part of the currency they earn from international commercial activities on the market.
Cashless payments
Nowadays there is a tendency in the world to gradually get rid of cash. Cash settlement services for bank clients were no exception to this. So, now special terminals are installed in retail outlets, with the help of which you can pay for goods, services and work, having only a plastic card issued by a financial credit organization. Previously, this was only possible for large organizations and structures. But as the cost of implementing such a provision becomes cheaper, terminals can also be found in medium-sized enterprises. The penetration of new technologies is limited by the solvency of organizations, because now it is necessary to pay for:
- Installation of the necessary equipment.
- Regulating the legal specifics of the activity.
- Carrying out preparatory procedures for the use of plastic cards at retail outlets.
Cashless payments on the global network
This one is a little simpler. Cashless payments can be used by all enterprises whose activities do not contradict the rules of international payment systems. To do this you need:
- Provide evidence of carrying out authorized commercial activities.
- Conduct a type of entrepreneurship permitted on the global network.
- Have a properly designed virtual trading platform.
An important role here is played by processing centers, which are entrusted with coordinating settlements in the global network. All payments that are made are processed automatically. This has a positive effect on the functioning of e-commerce.
The situation in the Russian Federation
Cash management services are more of a paid service. But a significant addition is the availability of a package of free benefits. Let's look at a small example. Let’s say that we have an individual with ten thousand rubles in his account. If it wants to transfer its money to the account of another bank, then a certain commission will be charged. But if an individual wants to pay in a store using a plastic card, then no additional payments (as a rule) will be charged for this.
All financial and credit organizations operate within the framework of strictly defined and regulated legislation. Depending on their own capabilities, they can expand the range of products they provide in order to best satisfy the needs of the population. Thanks to the developed banking sector in the Russian Federation, both individuals and legal entities are served. For each of these groups (as well as their components), their own service packages are prepared, which have significant differences.
Finally
That, in general, is all, a superficial inspection of cash management services was given. But one should not think that this topic can be closed. Many different aspects have been considered here and believe me, for each of them you can write an article no smaller than this one. Fortunately, this is not a new matter, and there is a lot to talk about here. After all, the banking services sector has existed for more than one century, even if in the countries of the former Soviet Union it developed in a slightly alternative direction.
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Greetings, friends! Remember the last time you paid in cash at a store? I am sure that most of you use cash for small purchases, paying for most of your purchases through non-cash payments. And if ordinary individuals actively use the capabilities of current accounts, what can we say about enterprises. Today, settlement and cash services for legal entities have literally become an integral part of business, both small and large. It is unlikely that anyone will argue that entrusting a bank with a current account is an extremely responsible and demanding decision maximum seriousness. In fact, all the company’s costs, the security of cash flows and, as a consequence, its profitability are in the hands of the bank. In this article I would like to cover the topic of cash settlement services in more detail, tell you what such a service is, and which bank to look for the best rates.
What is RKO and how does it work?
So, I suggest that you first find out what a current account is, and then move on to the main topic of the review. A current account is a legal account. persons with an independent balance in a banking institution, which is intended for saving money, carrying out non-cash transactions with other legal entities or individuals.
Based on this definition, we can reveal the essence of cash settlement services. RKO is banking services system, with the help of which accounts of individuals and legal entities are serviced, all monetary transactions are carried out in any currencies.
To take advantage of this kind of opportunity, potential clients need to send a certain package of documents to the bank and conclude an appropriate agreement with it. agreement. The legal aspects of RKO are enshrined in the Law “ About banks and banking activities", and are also determined by the regulations of the Central Bank of the Russian Federation.
Checking account- this is the account legal persons with independent balance in a banking institution, which is intended for saving money, carrying out non-cash transactions with other legal entities or individuals
Today, almost no organization can do without RKO. In addition, the need for non-cash money circulation also arises among individuals. It is for this reason that without settlement and cash services, not a single non-cash transaction is carried out, cash is not withdrawn or credited to the account, accounts in foreign currency are not maintained and statements of transactions on current accounts are not issued.
Cash settlement services for legal entities in credit institutions involve maintaining everyone transactions on current accounts. This includes the calculation of salaries, the payment of pensions, scholarships, and other similar payments. It is worth noting that transactions can be carried out both in rubles and in foreign currency.
Composition of services
If we talk about the fundamental services in this area, they can be combined into a single classification:
- non-cash payments;
- cash payments;
- preparation of bank statements for accounts.
When working with accounts and cash transactions, banking organizations use special forms:
- money orders(if we are talking about current accounts for payment) or, as they are also called, “ forms 0401060»;
- cash deposit forms to bank accounts;
- checks, which are issued at the moment withdrawals funds in the form of cash from the account.
Signing an agreement on the provision of settlement and cash services means that the company has the right to receive checkbook. It is one of the main tools for cashing out funds that are necessary to pay the company’s personnel and its other needs.
In order to improve settlement and cash services, many banks offer their clients to use the “ Bank-Client" Its specificity lies in the fact that in addition to the basic package of services, clients also receive additional options such as collection or remote access to current accounts.
However, here you need to be prepared for the fact that if the bank provides the main block of services free of charge or for a minimal fee, then you will have to pay for the related options. In general, there is nothing surprising in this, because, whatever one may say, a bank is a commercial organization.
sign up for cash register service and use it for 2 months for free
What does RKO consist of?
In accordance with the agreement on settlement and cash services, the bank provides clients with the following list of services:
- prompt and uninterrupted flow of funds;
- carrying out foreign exchange transactions;
- reception and delivery cash funds.
To successfully accomplish the above tasks, banks use special financial instruments. Of course, the main one is the current account, after opening which you will be able to gain access to other bank products related to the circulation of finances. These include the following:
Non-cash transactions
This includes prompt execution of client orders, regular notification of incoming and outgoing transactions, and issuance of bank statements. To manage a client’s finances, banks can choose a specific package of services, which will include basic and additional operations.
Companies can interact with credit institutions in two ways:
- Classic, transmitting orders in paper form from hand to hand or through proxies. However, in this case you will have to waste time traveling to the bank office;
- Online. Using Internet banking to manage finances, all payment requests and orders can be completed remotely. This type of interaction is preferred by the vast majority of companies.
RKO tariffs may vary significantly depending on what services are ordered.
Currency operations
If an organization needs to carry out its activities not only in national currency, it also needs to open a foreign currency account, or rather three accounts at once:
- current(to manage the currency already owned by a legal entity);
- transit(to keep track of incoming revenue);
- an account in which records of all foreign currency purchased within the domestic market will be kept.
The package of services for settlement and cash services of foreign currency accounts includes:
- purchase/sale of currency based on company instructions;
- sale of foreign currency earnings in the amount established by law;
- conversion operations;
- accepting payments or sending them for export-import client transactions.
Acquiring and Internet acquiring
To begin with, I propose to find out what acquiring is for an entrepreneur in principle. Imagine a situation where your company is in the process of cash settlement in some credit institution. This means that you can use the service of accepting bank cards to collect payment for goods at your point of sale - acquiring. Financial organizations that carry out this type of activity are called acquiring banks. I would like to draw your attention to the fact that they not only install the appropriate equipment in stores, but also organize events for the use of cards.
An analogue of this service is accepting payments via cards on the Internet. In this case, the terminal for reading information is a special form filled out by the buyer. This type of activity is referred to as Internet acquiring.
Cash transactions
Immediately after concluding an agreement for cash settlement services, an enterprise can issue a checkbook at the bank that will provide the service. An alternative, more modern version of this payment instrument can be considered a corporate bank card. The issuance of such plastic is accompanied by linking the card to your account, on which the credit institution will register all payment transactions, issue statements of turnover and balance, and keep records of funds in the current account.
Collection
A service that is recommended for all businesses that regularly deposit or receive large amounts of funds. The bank will ensure the collection and transportation of cash or any other valuables between organizations, thereby ensuring their safety and security.
Internet banking or mobile banking for legal entities
I’ll say right away that only the most advanced banks provide such services, so don’t be surprised if your credit institution cannot provide you with remote access to your current account.
What should you pay attention to first?
Choosing a bank for cash settlement services is not an easy task. To make it a little easier, I suggest you focus your choice on the following points:
Bank reliability
I’m telling you right away that it’s not worth considering the TOP 30 best state-owned banks. Yes, they are really reliable due to the large number of assets and cash flows within these banks. However, they are clumsy and not flexible enough in terms of document flow and solving non-standard problems. In addition, as a bonus from interacting with these banks, we also receive an extremely picky financial monitoring and currency control department. Considering that freezing our payments out of the blue and demanding a huge list of documents to confirm this or that transfer is a common thing for them, we simply cannot avoid problems at times when payments need to be made quickly.
It is best to give preference to commercial banks with a flexible system and customer focus. Of course, you shouldn’t take your money to some sharashka office, the bank must have a license from the Central Bank of the Russian Federation, but at the same time not strain clients with inappropriately intrusive control, help solve complex and non-standard problems, assigning you a real competent manager It is ideal if the bank also organizes the acceptance of most documents online via the Internet or a mobile bank linked to your cash register.
There is no point in considering the TOP 30 best state-owned banks; it is better to give preference to commercial ones
Subscription fee
The amount of payment for account servicing on the Russian market varies within 500-3000 rubles. It all depends on what package of services is included in this tariff. For example, the availability of 100 free payments per month, reduced commissions or a certain limit without commissions on transfers of funds to the accounts of individuals (simple debit cards), preparation of tax reporting and similar activities. It will be more profitable to cooperate with the bank that, for less money, will offer you the largest number of similar goodies that can save your time, money and nerves.
Cost of payment order
It varies between 15-40 rubles per payment order. The average market value is 23 rubles. In addition, many banks offer their clients a payment transfer service out of turn. Imagine that the banking day at your bank ends at 8 pm local time. This means that all payments on bills will be made strictly before the specified time, and the closer the clock hand gets to the “8” mark, the less chance we have that the payment will be processed before the end of the day. However, for 300 rubles (rate may vary) we can move up in line and ensure payment is transferred within today, discarding other clients until tomorrow. This function works in banks that conduct most transactions manually.
Let's say that your director is leaving on an unscheduled business trip, and he desperately needs per diem or travel allowance right today. Obviously, the money is needed before 9 pm. In this situation, the option with increased priority will be very useful and will eliminate the need to transfer to the employee’s personal bank card.
Commission for withdrawal at the cash desk or by check
Pay attention to the size of the commission: what amount it depends on and at what volumes it decreases or increases. The percentage of commissions on the cash settlement market varies between 0.5-1.5%. There are options of 4-8% of the withdrawal amount, but these are already cash-out schemes. In this case, it all depends on the bank you want to work with and how much you need it.
Strictness of financial monitoring
A very important indicator. Every bank has financial monitoring. You and I should be interested in which of them can turn a blind eye to the partially gray schemes of a legal entity’s work. Even if you work extremely honestly and pay all taxes, I insist that you open accounts in top commercial banks. Be that as it may, giant banks never refuse to redraw documents out of the blue. Therefore it is necessary find the golden mean of bank reliability and its adequacy in relation to clients' financial transactions. I do not recommend opening accounts in little-known or financially unstable banks. Such organizations give the green light to almost all types of activities and cash out everything that moves. Such Robin Hoods live no more than 2-3 years until the Central Bank decides to close their “shop”. Unfortunately, no one guarantees that your working capital will ever return to the accounts of your company after the closure of such a bank.
Accrual on account balance
Many banks now offer a service similar to charging interest on debit card balances. For example, there is an amount of 2,000,000 rubles in your current account. This money is simply collecting dust on the balance sheet, since no movements are expected in the next 1-5 days. This money can be put into internal savings account, where they will be additionally charged 6-9% per annum. This will allow you to roll over the interest and give the money the opportunity to work a little for the benefit of the company, and not just lie on the account as a dead weight. There are often situations when you need to pay suppliers in a week, but the required amount is already in your account. Agree, it would be stupid not to use the money during this downtime.
Operating and payment processing timeframes
This is the time for which payments are made on current accounts in manual mode. In different banks, the terms may differ and vary between 9-20 hours a day. Modern banks offer to make payments for many items automatically. The cooler the bank, the more operations it automates, leaving only the verification of large amounts and foreign currency transactions for manual work.
Internet bank
As with any type of personal account, the main thing here is convenience and time saving for clients. Internet banking allows you to create payment templates, maintain document flow of transactions: sent/signed or awaiting dispatch, in processing, completed, and so on; maintain reports and statistics on completed transactions and amounts. By the way, the Tinkoff and Tochka banks I recommend also have in their arsenal mobile banks for legal entities, which allows you to carry out all transactions on your current account directly from your phone. The most important thing in this case is do not forget about information security. Convenience is convenience, but if you lose or forget your phone, just imagine how much trouble you could get into and how much money you could lose. To prevent scammers from getting to your RKO mobile application, use passwords and secure locking. Talk to your manager and find out what regulations are used in such situations.
Conditions for linking a card
Many banks offer to link a “business card” to cash settlement services. Here you should pay attention to the annual subscription fee, the availability of an ATM network (% for cash withdrawals and monthly withdrawal limits). If this will be more profitable than withdrawing funds by check at the cashier, then why not save your time and use the services of an ATM?
Technical support of the bank and assigning a manager to you
This point is not so important, but it still helps a lot when questions arise for which answers cannot be found in open sources. It’s great if you have a person assigned to you with an internal number or a working mobile phone, who will know who you are and what your work system is. This will solve the problem of endless repetition of the same things on the bank's hotline with constant expectations. Agree, you often have to feel like a parrot when, having explained a problem to an operator, it turns out that this problem is unknown to him, and he is forced to delegate its solution to another specialist. To avoid such unpleasant communication, when opening an account, ask if you can get your manager’s contact information, and then call him to get acquainted and check if you were given the correct number.
Paper question: what documents are needed for RKO?
To open a bank account for individual entrepreneurs, you will need to provide the credit institution with the following package of documents:
- passport;
- an identification number;
- registration number of an individual entrepreneur.
But for legal entities having the status LLC, JSC, PJSC and the like, you will need a thicker package. The credit institution requires from them:
- registration number;
- an identification number;
- Company Charter;
- Order on the appointment of the Director of the enterprise;
- other constituent documents of a legal entity.
You will find more detailed step-by-step instructions on how to open a bank account in my separate article.
Which banks provide the most favorable conditions for cash settlement services?
Remember how we chose a bank where we could apply for profitable deals? Then we went through quite a few credit institutions and reviewed several dozen plastic cards before we were able to find the most suitable option for ourselves. In the case of RKO, the situation is even more complicated. It is not so easy to find a bank that you can completely entrust your money to and allow you to manage the company’s current account. The choice should be based on many factors. I suggest you consider the offers of the two largest banks in the country and decide which one is closest to you.
TKS
Tinkoff, in addition to the SMS alert system, business lending, Internet acquiring and other things, offers a whole two months of free account maintenance and payments. It will be possible to collaborate with the bank remotely through your personal account in the application. The program can be downloaded to a mobile phone or tablet, and you can work with the bank through a browser. In addition, the bank allows you to save time on submitting tax reports, since it independently deals with taxes, fixed contributions and automatically calculates all payments, generates payment orders and reminds you of the need to transfer them. All you have to do is sign the declaration and send it from your personal account.
You can choose one of three tariffs for cash settlement services for your business:
- « Simple 490 rubles per month. The first three payments can be made completely free, and each subsequent payment will cost 49 rubles. To top up your account you will need to pay 299 rubles;
- « Advanced", the cost of which is 990 rubles per month. Within this tariff, you can make 10 payments for free, and all subsequent ones will cost 29 rubles. Unlimited payments will cost customers 990 rubles per month. But for replenishing your account you will have to pay a commission of 99 rubles if the account is topped up at a time with an amount of up to 100 thousand rubles, or 749 rubles if we are talking about an amount in the range of 100-300 thousand;
- « Professional", cost 4990 rubles. Each payment here costs 19 rubles, and purchasing a package of unlimited payments will cost 1990 rubles monthly. Topping up your account costs exactly the same as in the case of “ Advanced» tariff.
Entrust RKO to TKS Bank
Dot
Bank « Dot", which is a branch of the systemically important bank " Opening”, proposes to move the entire account opening process online. Immediately after submitting an application, the entrepreneur is assigned an account number, which can be safely indicated in contracts and transferred to his counterparties. The bank independently notifies the tax office about the opening of an account and informs the client’s partners about the change in details. You can connect to your current account overdraft to insure yourself in the event of a cash gap, accumulated receivables or an increase in turnover. In addition, you can use the services of currency control, acquiring, collection and other lending and insurance services.
Bank offers tariffs for cash settlement services in three categories:
- « Lowcost» with a monthly payment of 7 50 rubles. This tariff plan allows you to make 5 free payments per month and withdraw up to 100 thousand rubles without commission at any ATM. By the way, the ability to withdraw funds automatically solves the problem of how to withdraw money from a current account;
- « Economy» cost 1900 rubles per month– this is an accrual of 7% on the balance in the current account (for those who do not know how to calculate interest, I advise you to read my article “”), 100 free payments per month, the ability to withdraw 200 thousand rubles from the account;
- « Business" behind 7500 rubles per month– 7% per annum on the balance, 500 free payments and as much as 300 thousand rubles, which can be cashed out at any ATM with 0% commission.
Start cooperation with Tochka
Summary
Well, let's summarize? I am sure that after reading this article, you all came to one, common conclusion - today no entrepreneur can exist without cash management services. The advantages of this service are obvious, because the possibility of making non-cash payments helps us make our lives easier, more convenient and more mobile. Even though RKO implies additional costs, such service saves time, since all transactions on the current account can be carried out via a smartphone with Internet access.
I sincerely hope that after reading this review you will cast aside all doubts regarding whether or not to pay for cash settlement services, and begin to save your energy and time by delegating some of the work to the bank. That's all for me. As always, I ask you to share your impressions of cash settlement services in the comments, tell us which banks you order services from and why. In the meantime, I say goodbye, see you soon!
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What features accompany settlement and cash services for individuals? What is this anyway? What benefits do we get? What should you pay attention to when registering? These and many other questions will be answered in the article.
general information
Cash settlement services for individuals is the name of the operation of opening and subsequent maintenance of bank accounts that belong to specific people. This is a very profitable and important activity for financial institutions. First of all, because in such cases, people and companies transfer significant amounts of money to banks. And this is an important aspect according to which the latter differ from other financial institutions. In addition, attracting individuals allows you to establish business connections with them, which subsequently develop into other, closer forms of cooperation. These include: provision of bank guarantees, factoring, leasing, lending, trust and similar operations. Thanks to this, the relationship is strong, because when the financial institution and the client trust each other, they become mutually beneficial and mutually interested partners.
What benefits do individuals receive?
We can:
- Make any payments that are in no way related to business activities.
- Credit funds received in the name of the owner.
- Carry out conversion operations.
- Make regular fixed payments (but only if there is a special order from the client for this).
Although, of course, there are certain specific features. So, if the court decides that for a certain reason it is necessary to write off a specific amount, this will be done without problems. In this case, you just have to obey, which is what the bank does. Cash settlement services for individuals, despite such specifics, is a very useful tool that is necessary and widely used.
Various features
It is necessary to talk about such things as tariffs. Cash settlement services for individuals, as previously mentioned, are very beneficial to the bank. But not only because it provides capital for which you do not have to pay interest, but also due to the removal of commissions. To be fair, it should be noted that it is considered good practice not to charge any additional payments if they are made within the same financial institution. But if transactions are carried out between different banks, you have to pay a commission. Its size is relatively small, but still amounts to a few percent. Moreover, in such cases, certain specifics arise in terms of work. Do not forget that the usual term for bank payment is three days. Yes, now they go through almost instantly, but if the order for payment or settlement is sent after business hours, there may be a delay until the next morning. Therefore, when choosing who will service the transactions being carried out, you should ask in detail about what is organized and how.
Sberbank cash register non-cash card
Cash and settlement services for clients, which includes opening and maintaining bank accounts for legal entities and individuals, is a very important and profitable activity for banks.
First of all, this is due to the fact that its implementation, in conjunction with carrying out operations to attract funds from individuals and legal entities into deposits and placing these funds on behalf and at the expense of the bank, is the criterion by which, according to the Law of the Russian Federation “On banks and banking activities”, a bank differs from a non-bank credit institution.
Involving legal entities and individuals for settlement and cash services allows banks to establish business relations with them so that the relationship for settlement and cash services can subsequently develop into other, closer forms of cooperation: lending, provision of bank guarantees, leasing, factoring, trust etc. Relationships built in this way are very strong, since the bank and the client know and trust each other well, and therefore become mutually interested and mutually beneficial partners.
Sberbank of Russia provides settlement and cash services in rubles and foreign currency to both residents and non-residents of the Russian Federation and provides a full range of banking services existing in the Russian financial market. High quality of service is ensured by qualified personnel and the use of advanced banking technologies.
An important advantage of Sberbank of Russia is the presence of its own settlement system that unites all regional banks, within the framework of which document flow is carried out. Payment to any institution of Sberbank of Russia or a commercial bank that participates in settlements with Sberbank of Russia is possible during the business day.
Cash settlement services for clients are provided only upon the condition of opening a current (current, other) account, providing a complete set of documents and concluding a bank account agreement.
Cash settlement services for legal entities and private clients include maintaining bank accounts.
Under the agreement concluded with the client, Sberbank undertakes the following obligations:
open an account under the terms of the tariff plan chosen by the client;
accept funds from the owner and credit them to the account (amounts are not limited);
issue certain amounts (by order of the client, in compliance with safe schemes);
transfer funds to other accounts and perform other financial transactions (by order of the client, in compliance with secure schemes).
Sberbank carries out all procedures related to settlement and cash transactions, guided by the Civil Code and Tax Code of the Russian Federation and other legislative acts.
RKO for individuals.
RS for FL is called current (TC). It has fewer features than a legal entity account. It is mainly used for salary receipts, various types of payments, non-cash payments, Internet banking and other non-commercial transactions. In Sberbank of Russia, servicing current accounts is free (in some banks you can find rules according to which a percentage of the amounts stored on them is charged). Sberbank of Russia charges commissions for transactions. For example, the commission for a transfer from an account to an account outside the same city (in rubles) is 1.5% (min. 30 rubles, max. 1000 rubles) and 1% through the Sberbank Online system.
To open a personal account for an individual, you need to:
go to the bank with your passport,
open an account,
read and sign an agreement for cash settlement services for individuals.
RKO for legal entities.
The list of cash settlement services in Sberbank for legal entities is much wider, since most of the bank’s income is generated through them. According to the RKO legal agreement, Sberbank issues money from accounts for salaries, social payments, scholarships, pensions, benefits, insurance compensation, etc. In addition to standard services, you can activate the Bank-Client service and be serviced remotely via the Internet.
To open an agreement for cash settlement services, a legal entity must provide:
notarized card of sample signatures and company seal
copies of passports of the manager/founders, chief accountant and other persons with access to accounts and statements
copies of the constituent agreements of legal entities
certificates from the tax service and social fund about the absence of debts, etc.