Cash and Check Transactions

Cash and Check Transactions

Garant-Invest Commercial Bank (JSC) settles the following cash and check transactions:

  • Purchase of the foreign currency in cash for the Russian Federation currency in cash:

    • purchase of the foreign states currency notes acknowledged as solvent;

    • purchase of the foreign states currency notes acknowledged as solvent but damaged in accordance with the Item 3 of “Rules for Acceptance of the Damaged Foreign States (Group of the Foreign States) Currency Notes”;

  • Sale of the foreign currency in cash for the Russian Federation currency in cash;

  • Inspection of the currency notes in the currency of the Russian Federation and the foreign currency where their authenticity is doubtful;

  • Exchange of the currency note (currency notes) of the foreign state (group of the foreign states) for the currency note (currency notes) of the same foreign state (group of the foreign states);

  • Conversion of the Russian Federation currency in cash and the foreign currency without crediting to the banking accounts, deposit accounts;

  • Crediting of the Russian Federation currency in cash and the foreign currency to the banking accounts of the individuals using payment cards;

  • Withdrawal of the Russian Federation currency in cash and the foreign currency from the banking accounts of the individuals using payment cards;

  • Crediting of the Russian Federation currency in cash and the foreign currency to the banking accounts, deposit accounts of the individuals;

  • Withdrawal of the Russian Federation currency in cash and the foreign currency from the banking accounts, deposit accounts of the individuals;

  • Crediting of the Russian Federation currency in cash for transactions of transfer of funds received from the individuals without the banking account opening;

  • Crediting of the foreign states (group of the foreign states) currency notes, checks for collection.

EXCHANGE RATES OF THE FOREIGN CURRENCIES FOR SETTLEMENT OF TRANSACTIONS WITH THE FOREIGN CURRENCY IN CASH

In accordance with the regulatory documents of the Central Bank of the Russian Federation, the banks are entitled to establish the rates for purchase/sale of the foreign currencies in cash regarding the situation in the market and adjust such during business day, if required.

The exact information on the foreign currency exchange rates and other questions may be obtained via telephone (495) 650-90-03 ext. 156, 132.

Please note that during settlement of cash transactions the identification document of the private client is required. At the same time, the identification document of the private client is not required for settlement of FX transactions with the foreign currency in cash amounting up to 40,000 rubles.

In accordance with the legislation of the Russian Federation, the identification documents are as follows:

Citizens of the Russian Federation:

  • passport of the citizen of the Russian Federation;

  • diplomatic passport, service passport, certifying identity of the citizen of the Russian Federation outside of the Russian Federation;

  • temporary identity document of the citizen of the Russian Federation issued by the internal affairs authority prior to the passport issue.

Foreign citizens:

  • passport of the foreign citizen.

Stateless persons:

  • document issued by the foreign state and acknowledged in accordance with the international agreement of the Russian Federation as a personal identity document of the stateless person;

  • temporary residence permit, permanent residence card;

  • personal identity document of the individual not possessing a valid personal identification document for the consideration period of the application for granting citizenship in the Russian Federation or acceptance of citizenship in the Russian Federation;

  • refugee identity card, certificate of registration of immigrant’s application of asylum in the Russian Federation.

Other documents acknowledged as personal identity documents of the citizen of the Russian Federation in accordance with the legislation of the Russian Federation and personal identity documents of the foreign citizen and stateless person in accordance with the legislation of the Russian Federation and the international agreement of the Russian Federation;