How to open a current account for an individual entrepreneur in a bank

How to choose a bank to open an account for an individual entrepreneur

The first step to opening a bank account is to choose the most suitable bank for an individual entrepreneur.

Before visiting the nearest banking organization, the entrepreneur is advised to analyze the banks located in the city. It is worth reading information about:

• Possible tariffs for settlement and cash services, which are offered by various banking organizations.
• The price for opening an account on an individual entrepreneur.
• The cost of maintaining an entrepreneur's current account.
• Tariff rates for accepting and issuing cash.
• The cost of the payment order.
• Possibilities of using the Internet banking option.
• The procedure for issuing plastic cards.

In addition to the specified information, the entrepreneur should familiarize himself with the basic conditions for maintaining and servicing a bank account. He must know at what time payment orders are sent; what is the mode of accepting payments by a banking organization.

It is reasonable to assume that many entrepreneurs prefer the largest and most famous banking organizations that have proven themselves on the positive side.

The largest financial institutions are considered to be the most reliable partners, which have a large number of bonus programs for beginners and experienced entrepreneurs who cooperate with the bank on an ongoing basis.

How to open a current account for individual entrepreneurs

Before visiting a banking organization in order to open an account, an entrepreneur will need to complete state registration of his status with the tax office. Only after receiving the documentation confirming the state registration of the individual entrepreneur, he will be able to open the necessary current account with the bank.

Documents required to open a bank account

Among the main documents that bank employees will require from a client wishing to open an account with an individual entrepreneur, it should be noted:

1. Application for opening a current account. The application must contain the personal signature of the individual entrepreneur, as well as have an imprint of the entrepreneur's seal.
2. Citizen's passport.
3. Registration certificate.
4. The power of attorney of the representative of the entrepreneur.
5. Licenses or patents confirming the right of an individual entrepreneur to carry out certain types of activities on a commercial basis.

In addition to the main package of documents, a banking organization has the right to demand from a client registered as an individual entrepreneur additional title documents.

It is recommended to check the list of papers required for opening a current account with bank employees by phone or get acquainted with it on the official website of a banking organization.

Account opening procedure

Having received an established package of documentation from an individual entrepreneur, an employee of a banking organization carries out a preliminary check of the papers. He makes copies of the original copies of the documents. Copies of IP documents are certified in accordance with the procedure established by Russian legislation.

After additional verification of the submitted documentation, the bank opens an account in the name of the applicant. The individual entrepreneur receives a notification about opening a current account in a banking organization. After receiving such an official notification, the entrepreneur has the right to issue a bank card, transfer funds to the current account.

How to open a current account for individual entrepreneurs online

Today, almost all banks practice online opening of accounts for individual entrepreneurs and other forms of business. But this is implemented in different ways. Most credit organizations offer an entrepreneur to fill out a questionnaire (for example, Avangard Bank):

The procedure for filling out the questionnaire is intuitive, so there is no need for explanations. After filling out the questionnaire, the system will register the application, after which the bank employee will call the applicant back within a certain time and appoint a time to appear at the bank to provide the original documents. The list of documents is given above, it is similar to what is required for the on-site opening of a current account for an individual entrepreneur.

However, most banks offer entrepreneurs to simply leave a phone number to contact:

Don't know your rights?

After that, a bank employee will call you back and tell you in detail about all the actions that need to be performed in order to open a current account for an individual entrepreneur.

Attention! In any case, you will have to submit documents in person, that is, a visit to the bank cannot be avoided!

Account opening notification

Notification of opening accounts within the Russian Federation

Previously, entrepreneurs reported to the tax authorities and the FIU on opening bank accounts.

After the entry into force of the Federal Law of April 2, 2014 N 59-FZ, they are not obliged to send notifications of opening accounts to these state bodies.

Notice of opening accounts outside the Russian Federation

According to the norms of Part 2 of Art. 12 and part 10 of Art. 28 of the Federal Law of 10.12.2003 No. 173-FZ, residents are obliged to notify the tax authorities about the opening or closing of accounts, as well as about changing the details of accounts that are open outside Russia.