Accounts opening and management

• FAQ

• Current accounts of physical persons
• Foreign currency export certificate

Physical persons - residents or non-residents of Ukraine can open at JSCB «PRAVEX-BANK» accounts current in national or foreign currencies, investment accounts and also accounts for notaries and lawyers.

On account current in national currency You can execute the next operations not connected with buisness or investment activity:

• Cashless settlements with juridical or physical persons.
• Settling with public utilities bills.
• Payment for goods, services, movables and immovables.
• Money transfer to your own account of physical person or any other physical person's account opened at another bank.
• Money transfer outside the country.
• Other operations, conducted according to Ukrainian laws.

On account current in foreign currency You can execute the next operations not connected with buisness or investment activity:

• Money transfers (SWIFT) to physical persons inside and outside the Ukraine; money transfers (SWIFT) to juridical persons abroad.
• Receivement of money transfers from inside and outside the Ukraine.
• Official registration of «Foreign currency export certificate».(only for non-residents).
• Buying/sale of currency on interbank money-market of Ukraine.

On account current of a notary or lawyer in national currency You can execute the next operations:

• Profit of notary's or lawyer's work receipt.
• Payment for goods or services, taxes and duties.

On investment account current in national currency You can execute the next operations:

• Collective investment fund of a juridical person (a resident) replenishment.
• Profit of investment activity receipt.
• Buying/sale of foreign currency on interbank money-market of Ukraine.

On investment account current in foreign currency You can execute the next operations:

• Buying/sale of currency on interbank money-market of Ukraine.
• Funds (obtained from investment activity) transfer outside the country.
• Currency funds (for further investment in Ukraine) receipt.

List of documents needed for account current of physical person to be opened:

1.а) for citizens of Ukraine, who:

- are permanent residents in Ukraine, - passport of the citizen of Ukraine or an interim certificate of identity of the citizen of Ukraine, for underaged persons (younger than 16 years) - a birth-certificate;

-leave for permanent residence abroad, - passport of the citizen of Ukraine for travelling abroad with mark about leaving for permanent residence abroad;

-permanently residence abroad, - passport of the citizen of Ukraine for travelling abroad with mark about consular registration outside the Ukraine;

б) for foreign citizens, who:

-are permanent residents in Ukraine, - passport with mark about presence of permanent residence certificate and residence permit;

-are temporarily in Ukraine, - passport;

в) for stateless persons, who:

-are permanent residents of Ukraine, - residence permit;

-are temporarily in Ukraine, - passport;

г) for refugees - refugee certificate.

Passport document of a foreigner or a stateless person is a document, that confirms the citizenship of a foreigner or certifies the stateless person, and which was issued by an authorized body of foreign state or by UNO's statute organization, and which is acknowledged by Ukraine as a document that gives possibility for leaving abroad.

2. If documents, mentioned in this paragraph, do not give the Bank a possibily to determine the place of residence or a place of temporary living of the physical person, than the Bank has right to demand from client any other document that certificates this information (habitation exploiting bureau certificate, immigration card, contract of tenancy or other documens(marks)).

3.Physical persons - residents, except the passport or a document that substitutes it, have to show the document, that has been issued by institutions of the State Tax Administration, and certifies the assignment of the identification number of the taxbearer.

Bank has the right to open an account for physical person - resident without showing the document, that certifies the assignment of the identification number of the taxbearer, if there is a mark about the right to accomplish payments without identification number in the person's passport.

•For notaries and lawyers

1. Passport of the citizenship of Ukraine;

2. The place of client's registration: residence permit presence, contract of tenancy or habitation exploiting bureau certificate;

3. A copy of the certificate about the right to work as a notary or a lawyer, that was certified by an authority that has issued it or by notary*;

4. A copy of the document, which certificates the private notary or lawyer registration by State Tax Administration authorities, certified by an authority that has issued it or by notary*; an original document can also be shown.

5. A copy of the document, which certificates the private notary or lawyer registration by Pension Fund's of Ukraine corresponding body, certified by an authority that has issued it or by notary*; an original document can also be shown.

6. A copy of the document, which certificates the private notary or lawyer registration by Social Insurance Fund's of Ukraine corresponding body, certified by an authority that has issued it or by notary*; an original document can also be shown.

* A notary can't certificate documents for himself.

Account opening is done in the shortest possible time.

You can manage operations on Your account current right the day when all needed documents set for the account opening was given.

We are ready to consult the Client and provide him with any needed forms not only during the account registration but also during the process of future cooperation.

JSCB «PRAVEX-BANK» propose You an exclusive type of services - payments managing without Your participation. If you need to transfer funds to one recipient, than you can sign a contract of agency with the Bank.

According to to the contract's terms, the Bank assumes obligation to transfer funds, located on Your account, to the recepient's stated bank details. Funds transferring is made within stated amounts and time limits inside JSCB "PRAVEX-BANK" system and to any other bank of Ukraine.

Among the advantages of this service it should be stated that there is no need to visit Bank's divisions, to prepare payment documents and to control the payment terms for funds transferring.

Foreign currency export certificate

FROM THE 20-th OF OCTOBER 2005 FOREIGN CURRENCY CASH EXPORT CERTIFICATE FOR PHYSICAL PERSONS - RESIDENTS IS NO LONGER REGISTERED OFFICIALLY!!!

If You need to leave Ukraine with foreign currency cash, than our Bank can propose You a service of "Foreign currency and checks, in the form of foreign currency, export outside the Ukraine certificate" (form 01).

Terms of foreign currency export outside the Ukraine by physical persons.

Physical person (no matter of what age) has the right to export foreign currency and/or circular cheques and nominal cheques and/or Visa travel Money cards outside the Ukraine in total sum not greater than 10 000 dollars of USA (or an equivalent in any other currency according to the National Bank of Ukraine rates of UAH to this foreign currency, that were fixed the day the customs are being passed) and among them there can be:

1. On condition that the verbal declaration to the custom-house was made, the foreign currency and/or checks in total sum not greater than 3 000 dollars of USA (or an equivalent in any other currency according to the National Bank of Ukraine rates of UAH to this foreign currency, that were fixed the day the customs are being passed).

2. On condition that written declaration to the custom-house was made by

-physical person - resident, the foreign currency and/or checks in total sum not greater than 3 000 dollars of USA, or an equivalent of this sum in any other foreign currency without confirmative documents.

-physical person - non-resident, relying on Foreign currency and checks, in the form of foreign currency, export outside the Ukraine certificate (form 01), the foreign currency and/or checks in total sum not greater than 3 000 dollars of USA(or an equivalent in any other currency according to the National Bank of Ukraine rates of UAH to this foreign currency, that were fixed the day the customs are being passed); (IN OTHER WORDS TO REGISTER OFFICIALLY "FOREIGN CURRENCY AND CHECKS, IN THE FORM OF FOREIGN CURRENCY, EXPORT OUTSIDE THE UKRAINE CERTIFICATE" ON THE FOREIGN CURRENCY SUM UP TO 7 000 DOLLARS OF USA IS ONLY POSSIBLE FOR NON-RESIDENTS OF UKRAINE)

For Certificate registration next documents are needed:

•For physical person - non-resident

1. passport with marks about legal residence in Ukraine;
2. cash in sum you want to register in the Certificate (but not greater than 7 000 dollars of USA or an equivalent of this sum in another foreign currency);
3. documents, that certify the currency source within the territory of Ukraine.

Also take into consideration, that the foreign currency export limit (10 000 dollars of USA) includes not only cash funds but also circular cheques of Thomas Cook or American Express and prepaid card Visa Travel Money Cash passport (this card export must be cerificated by resident persons just as by non-resident persons). In case of this cheques and prepaid cards purchase at our Bank's division the Cerificate for their export is issued free of charge.

print page »