Legal services About the Firm About the team

“Directive on the Procedure of Opening, Use and Closing of Accounts in National and Foreign Currencies”, approved by the Resolution of the Board of the National Bank of Ukraine dated November 12, 2003 No 492, Items 1.3 and 6.1

“Directive on the Procedure of Opening, Use and Closing of Accounts in National and Foreign Currencies”, approved by the Resolution of the Board of the National Bank of Ukraine dated November 12, 2003 No 492

General Terms

…………………
1.3. Clients have the right to open accounts at any Ukrainian bank according to their own discretion, unless the bank is unable to accept banking services or if such refusal is allowed by the law or banking rules.
……………………………
Individuals have the right to open accounts for entrepreneurial, independent professional activities and for their own needs.
………………………..

6. The procedure of opening current accounts by individuals for their own needs

………………………………….
6.1. If an individual does not have accounts at a bank, the opening of the current account shall be carried out under the following procedure:
the individual submits to the authorized employee of the bank a passport or other identity document. Resident individuals are required to present an additional document certifying their registration in the State Register of individuals-payers of taxes, which shall be issued by the supervisory authority;
……………………………
the authorized employee of the bank on the basis of such documents shall perform identification and verification of an individual, who opens an account;
the individual shall fill in an application for opening a current account and a card with samples of signatures. The authorized employee of the bank shall certify the samples of signatures by his/her signature;
a bank account agreement shall be concluded between the individual and bank.
………………………………….