Opening a bank account

JSC Belagroprombank offers comprehensive cash and settlement services to legal entities and individual entrepreneurs in Belarusian rubles and in foreign currency.

To open a checking account, legal entities and individual entrepreneurs should read The Terms and Conditions for servicing bank accounts of legal entities and individual entrepreneurs held with JSC Belagroprombank. (as of 20.11.2019)

Resident legal entities and individual entrepreneurs shall present the following:

1. Application for opening an account signed by a person authorized to open an account  (two copies of the application are required. When several accounts are open, an application shall be submitted for each separate account) (application form);
2. Copy (not notarized, certified by a business entity) of the Articles of Association (certificate of incorporation – for profit-making organization operating only on the basis of the certificate of incorporation), bearing a stamp evidencing state registration, – to be presented by a legal entity.
3. Copy of the certificate of state registration (not notarized, certified by a business entity) – to be presented by an individual entrepreneur.

For settlements using funds on the checking account, it is required to make a specimen signature card of officers of legal entities or an independent entrepreneur who are authorized to sign documents for settlement purposes.

For reference: Attesting signatures of persons who are authorized to sign settlement documents of legal entities and individual entrepreneurs against cards bearing specimen thereof may be performed by an authorized employee of JSC Belagroprombank or the body authorized to perform notarial actions (at the request of the account holder), unless otherwise is provided for by the legislation of the Republic of Belarus.

In case the employee of JSC Belagroprombank attests signatures of persons who are authorized to sign settlement documents, legal entities and individual entrepreneurs shall submit the documents confirming the right of the manager (individual entrepreneur, lawyer) to manage funds held on account(s).

The documents confirming the right of the manager (individual entrepreneur, lawyer) to manage funds held on account(s) are the following:

• abstract of the decision (minutes) of the general  meeting, management board or other management body of the legal entity on electing the manager, or the decision of the owner of property – an individual – on appointing the manager and (or) labour agreement (contract), and (or) civil law contract – to be presented by a manager;
• certificate of state registration, without validity period  – to be presented by an individual entrepreneur;
  
• the Articles of Association  - to be presented by the head of a farm household;
  
• special permit (license) – to be presented by a lawyer;
  
• other documents evidencing powers and authorities of persons authorized to sign settlement documents in accordance with the legislation*.

*To learn more about the list of documents confirming the right of the manager/individual entrepreneur to manage funds held on account(s), contact any office of JSC Belagroprombank.

In order to determine due dates for cash advance, legal entities, their subdivisions, individual entrepreneurs receiving cash at JSC Belagroprombank shall present the copies or abstracts of  collective contracts (agreements), labour agreements (contracts), other documents specifying the due dates for payment of wages, scholarships, pensions, benefits, alimony payments as per established form.

Archive of terms and conditions

Cash and settlement services include the following main types of operations:

• opening accounts to legal entities and individual entrepreneurs. The Bank opens checking accounts, special, temporary and other accounts to its clients, including clients who have checking accounts with other banks;
• wire transfer;
• acceptance of payment documents for collection;
• placement of payment documents into a card file to the off-balance account “Overdue payment documents” in case the available balance on the client’s account is insufficient for execution of payment  and tracking thereof until the payment is executed (return without execution);
• issue of statements and certificates on the clients’ accounts;
• remote bank servicing  “Bank-Client”, “Internet-Client”;
• cash advance from clients’ accounts;
• accepting Belarusian rubles in cash as payment for goods, works and services, other payments and subsequent crediting thereof to checking accounts of the recipients;
• accepting proceeds from clients of other banks and crediting thereof to checking accounts and other accounts;
• accepting cash in Belarusian rubles from Belagroprombank’s clients for crediting (transfer) thereof to checking accounts and other accounts held with JSC Belagroprombank;
• card transactions;
• attesting the signatures against specimen signature card.