Account opening

List of documents for account opening for separate structural departments of enterprises

• Application for account opening according to the approved form. The application is signed by the Head of the separate structural department or other person authorized by him.
• Agreement  of the bank account;
• Petition of the legal entity or the respective privatization body (if the structural department becomes separate in the process of privatization) on the opening of the current account with the Bank for the separate structural department with an indication of the current account number and the name of the bank with which the legal entity account is opened, and information whether the separate department is an insurance contributions payer.
• Copy of the state registration certificate notarized or authorized by the issuing body (for separate structural departments maintained at budget cost, this document is not required); or the original of the documents for the authorization of the copy thereof by the Bank's responsible employee.
• Copy of the duly executed Regulation on the Separate Department notarized or authorized by the legal entity that established the separate department.
• Copy of the certificate of registration with the Uniform State Register of Enterprises and Organizations of Ukraine notarized or authorized by the body that issued it, or the original of the said certificate for the authorization of the copy thereof by the Bank's responsible employee;
• Copy of the document confirming the separate structural department's registration with the tax administration bodies (Form 4-ОПП), by the location of the said department, notarized or authorized by the body that issued it, or the original of the said document for the authorization of the copy thereof by the Bank's responsible employee.
• Copy of the document confirming the registration of the legal entity that established the separate department with the tax administration bodies (Form 4-ОПП) notarized or authorized by the body that issued it, or the original of the said document for the authorization of the copy thereof by the Bank's responsible employee.
• Two copies of the cards with signature samples and the seal (the card includes signatures of all persons having the right of first and second signature) notarized or authorized by the legal entity, whose part is the separate department.
• Documents confirming the powers of the signatories authorized by the client.
• Passports of the officers indicated in the signature list and originals of the certificates issued by the state tax bodies on the assignment of identification numbers to the said individuals. Originals of documents are personally submitted to the bank by the said officers. The Bank's responsible employee makes copies of the above documents and authorizes them. The copies are also authorized by the documents' owners in the presence of the Bank's responsible employee.
• Copy of the financial statements provided at the end of the last reporting period preceding the account opening date to the respective tax authorities (Balance Sheet (Form No. 1), Profit and Loss Account (Form No. 2), Entrepreneur Report, etc.) or the Client letter with information on the financial condition (authorized by the client-legal entity's seal and General Manager signature).
• If the client has VAT payer status, the Certificate of VAT payer registration is presented for authorization of the copy by the Bank's responsible employee.

If the separate structural department is territorially remote from the legal entity that established it, has a separate balance, independently carries out remuneration settlements and is an insurance contributions payer, it must provide the following documents in addition to the above:

• Copy of the document confirming registration with the Pension Fund of Ukraine notarized or authorized by the body that has issued it, or the original of the document for the authorization of the copy thereof by the Bank's responsible employee.
• Copy of the insurance certificate of the Fund for Social Insurance for Industrial Injuries and Professional Diseases of Ukraine notarized or authorized by the body that issued it, or the original of the insurance certificate for the authorization of the copy thereof by the Bank's responsible employee.

Information that the separate structural department does not use hired labor and is not an insurance contribution payer must be indicated in the Application for the account opening.

• Additionally, Enterprises must present information on whether the provisions of the Law of Ukraine "On the Purchase of Commodities, Works, and Services for State Funds" is applicable to them; namely, whether the enterprise is a state, government, or municipal entity, or an economic company where the state or municipally-owned stock of shares (interest, equity) exceeds 50%; their subsidiaries, and enterprises, government entities more than 50% of whose authorized capital is owned by the state, government, municipal entities; or economic companies where the state or municipally-owned stock of shares (interest, equity) exceeds 50%.

• Additionally, enterprises must provide the information necessary for the identification of a Bank client-legal entity according to the requirements of Article 64 of the Law of Ukraine "On Banks and Banking".

If the founder of the Bank client-legal entity is another legal entity (entities) who owns 10 and more percent of the authorized capital thereof, and among the owners of such founder legal entity are legal entities who own 50 and more percent of the authorized capital thereof (2^nd-level founders), these are individuals who own 50 and more percent of the authorized capital thereof (3^rd-level founders) that are subject to identification.