Open account

Documents to be provided by a foreign bank to open a correspondent account
 
1. Request/Requests for opening an Account/Accounts bearing a signature of a person authorized to open correspondent accounts under a power of attorney, a chief accountant and a seal of the Bank (one counterpart for each type of currency).
 
2. Request for servicing in the Settlement Center of Zolotaya Korona Payment System bearing a signature of a person authorized to open correspondent accounts under a power of attorney, a chief accountant and a seal of the Bank (one counterpart).
 
3.  Correspondent account agreement with supplements bearing a signature of a person authorized to open correspondent accounts under a power of attorney, a chief accountant and a seal of the Bank (two counterparts).
 
4. Agreement on the use of documents in the electronic form bearing a signature of a person authorized to open correspondent accounts under a power of attorney, a chief accountant and a seal of the Bank (two counterparts).
 
5. Request to provide carriers for keys storage bearing a signature of a person authorized to open correspondent accounts under a power of attorney, a chief accountant and a seal of the Bank (one counterpart).
 
6.  Application for registration with FAKTURA.RU service /the System bearing a signature of a person authorized to open correspondent accounts under a power of attorney, a chief accountant and a seal of the Bank (two counterparts).
 
7. FAKTURA.RU/the System Registration Act bearing a signature of a person authorized to open correspondent accounts under a power of attorney, a chief accountant and a seal of the Bank (three counterparts).
 
8.  Application for approval of possible combinations of signatures affixed by persons authorized to manage funds deposited in accounts bearing a signature of a person authorized to open correspondent accounts under a power of attorney and a seal of the Bank (one counterpart).
 
9. FATCA SELF-CERTIFICATION FORM (Foreign Account Tax Compliance Act) for legal entities being credit institutions and foreign banks bearing a signature of a person authorized to open correspondent accounts under a power of attorney and a seal of the Bank (one counterpart).
 
10. Constitutive documents (articles of association with marks /stamps of a government body on registration, in case such marks/stamps are obligatory under the laws of the country, in which the Bank is resident; as a copy certified by a notary or a governmental body that issued/registered the document accompanied by a duly notarized translation into the Russian language; two counterparts).
 
11. Documents confirming stage registration of the Bank (in case this document is obligatory under legislation of the country, in which the Bank is resident; as a copy certified by a notary or a governmental body that issued/registered the document accompanied by a duly notarized translation into the Russian language; two counterparts).
 
12. License or an extract from the bank register, or other documents confirming permit for banking business (as a copy certified by a notary or a governmental body that issued/registered the document accompanied by a duly notarized translation into the Russian language).
 
13. License issued by a national bank of a foreign state, in case such license is required for opening accounts in the Russian Federation (as a copy certified by a notary or a governmental body that issued/registered the document accompanied by a duly notarized translation into the Russian language).
 
14. Authorized signature list of persons allowed to manage monetary funds deposited in the Account (an original, one counterpart; in the form provided for on the website of the Credit Union “Payment Center”), and Specimen signatures included into the Authorized signature list and authenticated by a notary (an original document; a document in the language different from Russian shall be accompanied by a duly notarized translation into the Russian language).
 
15. Documents confirming election /designation of persons authorized to act on behalf of the Bank without the power of authority (minutes (decision) on election, and if the date of entry into office is not evident from the minutes (decision) on election, it is also necessary to provide the order accession to office); in the original or a copy certified by a notary, or a copy made and certified by the Credit Union, or a copy bearing a signature of the authorized person and a seal of the Bank with the printed title, full name of the signatory and mandatory original provided to the Credit Union to compare, accompanied by a duly notarized translation into the Russian language; to be provided as an extract from the document (only in the original with a Russian translation). In case the sole executive body is not included into the Authorized signature list, the documents should provided as well.
 
16. Order on assignment of persons included into the Authorized signature list apart from the sole executive body and other persons entitled to act on behalf of the Bank without the power of attorney (in the original or a copy certified by a notary, or a copy made and certified by the Credit Union, or a copy bearing a signature of the authorized person and a seal of the Bank with the printed title, full name of the signatory and mandatory original provided to the Credit Union to compare, accompanied by a duly notarized translation into the Russian language; to be provided as an extract from the document (only in the original with a Russian translation).
 
17. Documents confirming authorities of persons included into the Authorized signature list to manage funds deposited in the Account and sign settlement (payment) documents (power of attorney, minutes, order, extract from the minutes/order; in the original or a copy certified by a notary, or a copy made and certified by the Credit Union, or a copy bearing a signature of the authorized person and a seal of the Bank with the printed title, full name of the signatory and mandatory original provided to the Credit Union to compare, accompanied by a duly notarized translation into the Russian language; to be provided as an extract from the document (only in the original with a Russian translation).
 
18. Documents confirming presence of permanent management body of the Bank in the territory of state of Bank’s registration (unless Bank’s statutory documents contain the address of permanent executive body; in the original or a copy certified by a notary, or a copy made and certified by the Credit Union, or a copy bearing a signature of the authorized person and a seal of the Bank with the printed title, full name of the signatory and mandatory original provided to the Credit Union to compare, accompanied by a duly notarized translation into the Russian language; the extract from the document should be provided only in the original with a Russian translation).
 
19.  Copies of documents proving identity of the sole executive body, other persons entitled to act on behalf of the Bank without the power of attorney, persons included into the Authorized signature list, persons specified in the Application for registration with «FAKTURA.RU» service and the System, a person making Contract on behalf of the bank under the power of attorney, and beneficiary owners (to be provided in the form of a notarized copy or a copy made from the original and certified by the Credit Union).
 
20.  Power of attorney (in the form of an original or a notarized copy or a copy made from an original and certified by the Credit Union) containing powers to open/manage correspondent accounts, administer cash resources, including with the use of equivalent of a handwritten signature – in case the documents specified in clauses 1-8 hereof are signed by a representative of the Bank acting under the power of attorney.
 
21.  Certificate of registration with the tax authority or a reference of the tax authority of the foreign state on registration of the Bank as a taxpayer in the country of incorporation (to be provided in the form of a copy certified by a notary or a governmental body, that issued/registered the document and accompanied by a translation to the Russian language bearing a notarized signature of a translator; one counterparty).
 
22.  Power of attorney issued to a representative of the Credit Union to receive a certificate of registration with the tax authority (in the form established by the Credit Union; in the form of original).
 
23.  Questionnaire of a client being a credit institution (in compliance with regulations of the Bank of Russia) signed by an authorized Bank’s representative (an original).
 
24.  Supplement to a Client questionnaire (in the form established by the Credit Union signed by an authorized Bank’s representative (an original).
 
25.  Letter on measures provided by the Bank in order to counteract legalization (laundering) of illegal proceeds and financing of terrorism (an original).
 
26.  Confirmation documents on financial position – annual accounting statements (balance sheet, statement on financial results) and (or) annual (or quarter) tax declaration with or without marks of a tax authority on approval thereof with certified mail receipt and a list of enclosures (if sent by email) or confirmation of mailing (if sent by email); and (or) auditor’s report on annual statement for the previous year confirming reliability of financial (accounting) statements and compliance of audit with legislation of the Russian Federation; and (or) reference on payment of taxes, levies, penalties, fines by a taxpayer (tax bearer, tax agent) issued by a tax authority; and (or) information evidencing no insolvency (bankruptcy) proceeding against the Bank, any adjudication order which has entered into legal force, carrying out liquidation proceedings as at the date the documents have been provided to the Credit Union; and (or) information evidencing that there are no case of Bank’s noncompliance with its liabilities due to insufficient funds in the banking accounts; and (or) information on Bank’s rating placed in the Internet on the websites of international rating agencies (Standard & Poor's", "Fitch-Ratings", "Moody's Investors Service", etc.) and national rating agencies.
In case the term from the Bank’s registration is less than the reportable tax period and it is impossible to provide the abovementioned documents, it is necessary to specify the reasons for not providing the documents in the questionnaire and provide the documents evidencing location of the Bank at the specified address.
Documents specified in this clause shall be provided either in the original or as a copy certified by a notary/ made and certified by the Credit Union after an original has been provided to the Credit Union. 
 
27.  Documents confirming information on business reputation (feedback (in any written form, if available) on the Bank provided by clients of the Credit Union cooperating with the Bank; and (or ) feedback (in any written form, if available) on the Bank provided by other credit institutions, where the Bank received services, such feedback should contain data on business reputation of this bank (to be certified by the Bank).
 
28.  Documents evidencing, that Bank's representatives or persons authorized to manage funds while working with FAKTURA.RU service (people specified in Application on registration with FAKTURA.RU service/the System) or beneficiary owners belong to the category of persons specified in article 7.3 of the Federal Law of the Russian Federation dated August 7, 2001 No. 115-FZ “On counteracting legalization (laundering) of illegal proceeds and financing of terrorism” (if any).
 
 
Notes
 
1.  In order to comply with the requirements of RF Federal Law No. 115-FZ “On counteracting legalization (laundering) illegal proceeds and financing of terrorism” as of August 7, 2001”, the Bank shall procure that duly authorized Bank’s representative is present at the opening of a correspondent account by the Credit Union.
 
2.  Beneficiary owner – an individual, that owns directly or indirectly (has dominant equity participation exceeding 25%) the share of the legal entity or can control its business.
 
3.  The director means a sole executive body or a person solely authorized to act on behalf of the bank without the power of attorney or persons authorized jointly authorized to act on behalf of the Bank without the power of attorney.
 
4.  A copy of a document certified by the Bank shall contain a surname, a name and a patronymic (if any) and a title of a person, who certified the document copy accompanied by his signature, a date, when the document was attested, and the Bank’s seal.
 
5.  An extract from a document shall be provided in the original and shall contain a surname, a name and a patronymic (if any) and a title of a person, who certified the extract accompanied by his signature, a date, when the document was attested, and a seal.
 
6.  An extract from/copy of a document attested by the Bank may be certified by a sole executive body, any person solely authorized to act on behalf of the Bank without the power of attorney or persons jointly authorized to act on behalf of the Bank without the power of attorney or a person entitled to certify copies or extracts provided that documents authorizing such person for attesting copies or extract have been provided to the Credit Union.
 
7. Letters of the Bank containing information to be provided to the Credit Union, a Questionnaire and its supplements may be signed by a sole executive body, a person solely authorized to act on behalf of the Bank without the power of attorney or persons jointly authorized to act on behalf of the Bank without the power of attorney or a person entitled to sign such letters under the power of attorney, provided that such power of attorney has been provided to the Credit Union (in the form of the original or a notarized copy or a copy made and signed by the Credit Union, if the original has been provided to the Credit Union, or a copy certified by the Bank, in case the original has been provided to the Credit Union to compare).
 
8. The Credit Union has a right at its own discretion to request any additional documents clarifying the information contained in previously provided documents, including, but not limited to the documents evidencing the term of powers of the sole executive body (another person solely authorized to act on behalf of the Bank without the power of attorney or persons jointly authorized to act on behalf of the Bank without the power of attorney), if it cannot be evidenced by other submitted documents, documents defining the competence of the sole executive body, other persons authorized to act on behalf of the Bank without the power of attorney (if their competence is not specified in statutory documents), information on the address of the place of residence (registration) or the place of temporary residence of persons included into the Authorized signatures list, persons specified in the Application for registration with FAKTURA.RU service/the System (if the address is not specified in the identification document, then it should be provided in the original), expiry date of the document identifying the sole executive body, other persons included into the Authorized signatures list, persons specified in the Application for registration with FAKTURA.RU service/the System (if the term is not specified in the identification document, then it should be provided in the original).
 
9.  Certificate of registration of the Bank with the tax authority should be issued by the tax authority at the place of registration of the Credit Union. A certificate previously received by the Bank for opening accounts with other banks in the territory of the Russian Federation shall not be accepted as a basis for opening a correspondent account.
 
10.  Documents in the foreign language should be accompanied by a translation into the Russian language provided a translator’s signature is verified by a notary or correctness of translation is notarized in the order provided for by RF legislation.
 
11. Documents sent (brought) from abroad should be legalized in the prescribed order. Legalization of official documents specified above is not required if the specified documents have been drawn up in the territory of the following foreign states:
 
(1) States Parties to the Hague Convention of 1961 abolishing the requirement of legalization of foreign public documents (provided the document contains apostille or the document is accompanied by it as a separate document submitted by a competent authority of a foreign state in compliance with Convention requirements);
(2) States Parties to the Convention of 1993 on Legal Aid and Legal Relations in Civil, Family and Criminal Cases;
(3) States with which Russian Federation has concluded mutual legal assistance treaties and contracts on legal relations in civil, family and criminal case