Notice for Corporate Clients about Opening Settlement (Deposit) Accounts

Notice for Corporate Clients about Opening Settlement (Deposit) Accounts

NOTICE to legal entities about opening settlement (deposit) accounts in Russian Rubles and foreign currencies with Garant-Invest Commercial Bank (JSC)

1. Application for opening an account in the form established by the Bank. To get an application form, please visit the Bank's office at: Pervy Kolobovsky per., 23, Moscow, or print it from the Bank's website www.gibank.ru.

2. Bank Account Contracts in two counterparts. To get a contract form, please visit the Bank's office at: Pervy Kolobovsky per., 23, Moscow, or print it from the Bank's website: www.gibank.ru.

3. Constituent documents – documents that define individual status features of a specific legal entity stipulated by law in force.

The following documents should be submitted to the Bank: articles of association, list of members effective on the current date notarised or certified by the Bank' employee on the basis of presented originals or certified by the Client with its seal affixed.

4. Certificate of the state registration of a legal entity – a document issued to the legal entity to certify the registration thereof as such bearing a registration number (for Clients registered before 01 July 2002) or a primary state registration number (for Clients registered after 01 July 2002).

If the Client was registered before 01 July 2002, it should also submit a certificate of entering information on a legal entity registered before 01 July 2002 into the EGRYUL (Unified State Register of Legal Entities) with a reference to a document certifying its registration.

The original of the certificate should be submitted to the Bank, particularly, in order for the Bank's employee to copy and certify such a copy of the certificate, otherwise the original and a copy notarised or certified by the registering authority should be submitted.

5. Certificate of registration with the tax authority at the location of the registered office in the Russian Federation – a document issued by the tax authority to the legal entity registered as a taxpayer with a taxpayer identification number assigned.

The original of the certificate should be submitted to the Bank, particularly, in order for the Bank's employee to copy and certify such a copy of the certificate, otherwise the original and a copy notarised or certified by the tax authority should be submitted.

If the registered office address of the legal entity specified in the constituent documents has changed and a new registered office address is in the territory of another tax authority, the certificate of registration with the tax authority must be reissued.

6. Notification of statistical codes from a territorial body of the Federal State Statistics Service – a letter containing the assigned OKFS (All-Russian Classifier of Forms of Ownership), OKATO (All-Russian Classifier of Administrative Territorial Entities), OKPO and other codes. You can print the notification from www.moscow.gks.ru

7. Copy of a licence for each licensable activity notarised or certified by the Bank's employee on the basis of a presented original.

8. Documents to certify the authority of the sole executive body of the legal entity, such as minutes/resolution of the Client's authorised (in compliance with the constituent documents) body on the election of the sole executive body. In addition, constituent documents effective on the election date of the sole executive body of the legal entity should be submitted in compliance with Clause 5 of the Notice, as well as other documents to confirm the authority to elect the sole executive body (if the sole executive body has been elected by a body other than the General Meeting).

The originals should be submitted to the Bank, particularly, in order for the Bank's employee to copy them and certify such copies, or notarised copies, or copies certified by the Client's sole executive body with the seal affixed should be submitted with the originals presented for collation.

If the authority of the sole executive body has been transferred to a management company or an individual entrepreneur, a contract with the management company/individual entrepreneur should be presented.

In addition, the following documents regarding the management company should be submitted:

  • documents to certify the authority of the sole executive body of the management company (minutes/resolution of the body authorised in compliance with the constituent documents of the management company on the election of the sole executive body of the management company);

  • if another person has been appointed a representative of the management company in order to manage the Client – the management company's Order to appoint such a person to the relevant post and entrust it with the relevant responsibilities with granting the right to sign on the Client's behalf or a power of attorney to operate the account with granting the right of signature signed by the management company's sole executive body and certified by the Client's seal;

  • Constituent documents of the management company in accordance with Clause 5 of the Notice;

  • Certificate of state registration and certificate of entering information on the legal entity registered before 01 July 2002 into the Unified Register of Legal Entities (if the management company was registered before 01 July 2002);

  • Certificate of tax registration;

  • Extract from the EGRYUL issued not earlier than 30 days prior to the submission of the complete set of documents to the Bank;

  • Identity documents of the management company's representative(s) authorised to sign in accordance with Clause 6 of the Notice.

In addition, the following documents regarding the individual entrepreneur appointed to manage the legal entity should be submitted:

  • Certificate of state registration; certificate of tax registration;

  • Identity documents of the individual entrepreneur in accordance with Clause 7 of the Notice.

The documents of the management company or the individual entrepreneur should be submitted to the Bank in original form, particularly, in order for the Bank's employee to copy and certify them, otherwise, notarised copies of the documents should be submitted.

9. Documents to certify the authority of persons appearing on the signature and seal sample card (except for a person acting as the sole executive body).

Documents to certify employment relations between persons appearing on the signature and seal sample card and the Client; order or power of attorney granting the signature authority;

The originals should be submitted to the Bank, particularly, in order for the Bank's employee to copy them and certify such copies, otherwise copies certified by the Client's sole executive body with the seal affixed should be submitted with originals presented for collation.

10. Signature and seal sample card – the Card should be notarised or certified by the Bank's authorised employee with all persons authorised to manage money in the Client's account present.

11. Identity documents of persons appearing on the signature and seal sample card, as well as documents to establish the citizenship and residence (stay) address of such persons.

Citizens of the Russian Federation should present:

  • Russian passport and, in some specific cases, certificate of temporary registration at the place of residence/stay. Russian Federation citizens permanently residing abroad should present a foreign passport of a Russian Federation citizen with a mark affixed by the Russian Federation embassy in the country of permanent residence certifying registration in the Consular Register as a resident or a mark affixed by another authority in the country of permanent residence to certify the resident status of the Russian Federation citizen in the relevant country.

Foreign citizens should present:

  • Identity document: a passport of a foreign citizen or another document stipulated by the federal law or recognised under the Russian Federation's international treaty as an identity document.

    (The documents should be submitted with a duly certified Russian translation).

  • Migration card (except for cases when an effective temporary residence permit for the Russian Federation, a permanent residence card for the Russian Federation or dual citizenship (with one being the Russian Federation citizenship) is in place and other cases when no migration card is issued in accordance with the law of the Russian Federation);

  • Document to confirm the right of the foreign citizen to stay in the Russian Federation: a temporary residence permit or a permanent residence card and/or an effective visa;

  • Document to confirm the residence or stay address: the residence address in the Russian Federation is specified on the permanent residence card or the temporary residence permit. The address of stay of a foreign citizen is specified in the detachable portion of the notice of arrival of a foreign citizen at the place of stay. If law does not stipulate the registration of the specified person at the place of stay, a Questionnaire for Individual in the Bank-established form with the residence (stay) address indicated should be submitted to the Bank. To get a Questionnaire form, please visit the Bank's office at: Pervy Kolobovsky per., 23, Moscow, or print it from the Bank's website: www.gibank.ru.

Stateless persons should present:

  • Identity document: a permanent residence card for the Russian Federation (for persons permanently residing in the Russian Federation) or a temporary residence permit in the form of an individual document or a document issued by a foreign state and recognised as an identity document of a stateless person under the Russian Federation's international treaty;

  • Migration card (except for cases when an effective temporary residence permit for the Russian Federation, a permanent residence card for the Russian Federation is in place and other cases when no migration card is issued in accordance with the law of the Russian Federation);

  • Document to confirm the right of the foreign citizen or the stateless person to stay in the Russian Federation: a permanent residence card for the Russian Federation (for persons permanently residing in the Russian Federation) or a temporary residence permit in the Russian Federation in the form of an individual document or an effective visa;

  • Document to confirm the residence or stay address: a permanent residence card for the Russian Federation (for persons permanently residing in the Russian Federation) or a temporary residence permit for the Russian Federation in the form of an individual document, or a detachable portion of the notice of arrival of a foreign citizen, stateless person at the place of stay.

Persons appearing on the Card should present the originals of the documents.

12. Documents to confirm the presence of the Client at the registered office address (actual location):

  • if the Client beneficially owns the premises – a copy of the certificate of title to the premise/building located at the specified Client's address notarised or certified by the Bank's employee on the basis of a presented origin;

  • if the Client leases the premises – copies of the lease contract certified by the Client with its seal affixed;

  • if the Client subleases the premises – copies of the initial lease contract and all the subsequent sublease contracts certified by the Client with its seal affixed;

  • other documents to confirm the presence of the Client, its permanent management body, other body or person authorised to act on the Client's behalf without power of attorney at the Client’s registered office address.

13. Accounting reports to confirm the operations (on Form 1 and Form 2) effective on the latest reporting date. Profit and value added tax returns effective on the latest reporting date with a mark of receipt by the tax authority. The documents are not required if no business operations have been carried out because the legal entity was registered less than 3 months ago.

14. Documents to confirm your financial position (the Client may select any of the following documents):

  • a copy of the auditor's opinion on the previous annual report that confirms the reliability of the financial (accounting) statements and compliance with the accounting standards stipulated by the law of the Russian Federation;

  • a certificate of the fulfilment by the taxpayer (levy payer, tax agent) of the obligation to pay taxes, levies, penalties, and fines issued by the tax authority;

  • the Client's letter saying that no failures to fulfil its financial obligations have occurred, particularly, due to shortage of money in its bank accounts.

15. Documents to establish your business reputation (the Client may select any of the following documents):

  • letters of reference (prepared in any written form, if possible) from other clients of the Bank partnering with the Client regarding the Client;

  • letters of reference (prepared in any written form, if possible) from other financial institutions that rendered services to the Client before/currently rendering services to the Client, providing the assessment of the Client's business reputation by such a financial institution;

  • letters of reference (prepared in any written form, if possible) from the Client's major/prospective counterparties partnering/planning to partner with the Client providing the assessment of the Client's business reputation;

The Bank may request additional documents from the Client in order to comply with anti-money laundering and counter-financing the terrorism laws.

If you have any questions relating to opening accounts with the Bank, please contact Client Services: (495) 650-90-03 ext. 155; 167; 141; 115

If you have any questions relating to issuing the set of documents required to open an account, please visit Operations at: Pervy Kolobovsky per., 23. Moscow
telephone: (495) 650-90-03 ext. 190; 215; 157