Important banking services: what services from banks should you use to make doing business easier

Cash management services - what is it and who needs it?

To contents

RKO implies the performance of settlement financial transactions: transfer and acceptance of non-cash payments, transfer of remunerations, payment for government services. The system works with individuals and legal entities. Depending on the format of the company’s activities, opening and maintaining an account is available in different currencies.

Cash settlement services are activated when submitting documents for concluding an agreement to the bank. An agreement is drawn up between the parties to open a personal account for financial transactions. In order for legal entities to comply with all legal regulations, when working with the system, they are required to adhere to the rules established by the financial institution and notify it of any service failures.

Fact! The regulations for operational services are regulated by the law on lending and banking and regulations issued by the regulator represented by the Central Bank of the Russian Federation.

Is it possible to do without cash management services?

Due to the increasing demand for remote payment services for services and goods and the need to conduct remote non-cash transactions, cash settlement services are necessary for both legal entities and individuals.

Settlement and cash services for legal entities. organizations is provided for by law and is mandatory. The service is activated during the state registration of a commercial organization. Without cash settlement services, you cannot pay for any goods or services by bank transfer, withdraw money from an ATM or bank teller, or make contactless transactions through remote banking services.

What is RKO

Cash settlement services (CSS) are a set of services that a banking institution can offer to a legal entity when opening a current account. And the more services included in the RKO, the more convenient and profitable it will be to use.

The current account is intended for conducting non-cash payments with suppliers and customers. To open an account you need to provide the following to the banking institution:

• constituent documents: charter of a legal entity with a mark from the tax inspectorate and a constituent agreement (or a decision to create an enterprise, if there is only one owner);
• passports of the manager and other account managers, as well as documents on their appointment indicating the grounds and terms of office;
• round seal of the organization;
• license for the type of activity being carried out (if required).

RKO provides for working not only with non-cash funds, but also offers all options for working with cash - recalculation, acceptance, issuance, collection, acquiring.

Cash settlement services are an integral part of the business activity of an enterprise, not only because of settlements with counterparties and the tax inspectorate. It also allows you to promptly pay wages, exchange funds for the currencies of different countries, plan and control the distribution of cash flows.

Open a current account

Settlement and cash services for legal entities

To contents

Settlement and cash services underlie the interaction of all legal entities. Using depositories, procedures are carried out for transferring wages to employees, mutual settlements between partners for payment for goods and activities, and transfer of remunerations. To conduct operational services, a current account is opened in a bank in the currency required by the owner.

The classification of services when opening cash register services looks like this:

• any mutual settlements in non-cash form;
• cash transactions;
• obtaining certificates and statements from accounts opened at the bank for presentation at the place of request.

Settlement and cash services for individual entrepreneurs and other business entities, including individuals, are carried out according to reporting forms established by law:

• payment order (application to carry out a transaction with a deposit - write-off, transfer to another individual or legal entity);
• form for depositing cash into a bank deposit;
• checks written when cash is withdrawn from a deposit account.

When opening cash settlement services, the organization has the right to request a checkbook, which is necessary to record all transactions for cash withdrawals for the payment of wages and benefits.

Fact! In addition to the main package of services, the bank can offer related and additional services, such as collection, online access to account management (gaining access to the client’s personal account on the website), and others.

Most of the basic services that are included in the RKO package are provided free of charge or for a small fee. But when connecting additional services, the payment is higher.

How to choose a favorable tariff

Count the number of transactions

To choose the most favorable cash settlement tariff, calculate how many transactions you will make on your account during a certain period (month, six months, year). And also determine the amount of money that you will withdraw in cash or, conversely, deposit into your current account.

Client-bank

The Client-Bank system involves installing software on your PC or the computer of a director or accountant. The program allows you to make transactions on your account. You can also use it to enter into a number of agreements with some banks.

This system is much more secure than online banking as it is much more difficult to hack. But at the same time, it is less mobile, since it can only be installed on one PC.

If you nevertheless decide to use the Client-Bank system, be sure to count the number of transactions that you will carry out with its help. Also calculate how many transactions you will carry out using paper media. Tariffs for the latter may be significantly higher.

Cash withdrawal or corporate and salary cards

Withdrawing money in cash from an account is the most expensive item for many small and medium-sized businesses. Especially for those who withdraw and pay money, so to speak, “in envelopes”. The tariff for such operations is around 1-3% of the withdrawal amount. But something else is worse. Cashing out from a current account is a labor-intensive and unsafe process, for which the account may be subject to sanctions.

You can solve the problem with the help of salary and corporate cards. But in this case, you need to take into account 3 fees at once: for issuing and servicing, replenishment, cash withdrawal. But even if you add up all these fees, the amount will still be less than if you withdraw cash from your account. And if you pay with a salary or corporate card for services or purchases, there is no withdrawal fee at all. Moreover, some banks issue cashback cards that will allow you to save on purchases.

We create a table and call the bank

You have selected several banks whose service conditions suit you best. Before applying to open a current account, contact the managers and ask them a few questions regarding servicing legal entities and individual entrepreneurs. For convenience, all questions can be entered into a table.

Points that can be clarified based on the RKO parameters:

• commission for outgoing payment to another bank (paper and Client-Bank)
• commission for outgoing payment within the bank (paper and Client-Bank);
• number of free payments;
• cost of opening an account;
• account replenishment fee;
• cash withdrawal fee;
• average cost of cash settlements in a bank per month;
• cost of connecting the Client-Bank system;
• cost of servicing the Client-Bank system per month;
• checkbook cost;
• availability of additional services (acquiring, payroll project, lending, online accounting, consulting services, bank guarantees).

Questions regarding servicing salary and corporate cards:

• commission for replenishing salary project accounts;
• cost of servicing salary cards per year;
• cost of issuing a corporate card;
• the cost of withdrawing money from a corporate card from the ATM network of a bank or other banking organizations, as well as abroad;
• cost of servicing a corporate card per month.

Some information can be found on the website in the public domain, but, as a rule, this is general information for reference. Some banks provide an individual approach to determining transaction fees depending on the size of the company, field of activity, cash turnover, etc. All these nuances need to be clarified before concluding a contract. After that, compare the conditions and costs, choose the option that suits you best.

Settlement and cash services for individuals

To contents

If settlement and cash services for legal entities include one set of actions, then cash settlement services for individuals perform other tasks. Through the banking operating system, you can make rewards and transfer funds, pay for receipts, ordered goods and services, and other payments.

As a rule, this form of service is provided to individuals free of charge. Interest is allowed for certain procedures. For example, for receiving a bank account statement.

To request cash settlement services, an individual must contact the bank and enter into a standard agreement with it.

Conclusion

Banking services for legal entities include a wide range of services, the use of which will significantly simplify doing business. Cash settlement services in the banks discussed above will allow you to successfully control the company’s cash flows and minimize banking costs.

• Modulbank, Tochka and Tinkoffbank are suitable for entrepreneurs who value their time and want to use completely remote services.
• VTB, Sberbank and Promsvyazbank can choose large organizations, enterprises participating in government procurement, and also valuing reliability and experience.
• Alfa Bank, Otkritie and the Ural Bank for Reconstruction and Development are aimed at long-term relationships with their clients and can offer significant discounts for prepayment, as well as other interesting bonuses.

Among these banks and the tariff plans they offer, you can choose the most profitable option that suits your business.

TOP 3 tips from experts on choosing a bank for cash settlement services

To contents

You must carefully select an organization to connect to a cash register service. The policy of monetary institutions is focused on working with private and legal entities. In addition to the range of services in the RKO package, it is necessary to evaluate the cost of the service, its ease of use and stability.

Tip 1. Determine the reliability of the bank.

Bank RKO tariffs are one thing, and the issue of the organization’s reliability is another matter entirely. A future client needs to evaluate the advantages and disadvantages of connecting to a service in a particular organization, its properties, and the benefits of specific financial instruments. After comparing all the advantages and risks of cooperation with a service provider, you can make a choice.

To assess the reliability of a bank, use the following recommendations:

• Form a general impression of the bank's work. Study online sources, forums and customer reviews. The main criterion for you should be the reliability and stability of all services that are included in the proposed package. Study how the bank protects the interests of its clients and how it approaches problems. Reviews of the activities of banking institutions are posted on the banking.ru portal.
• Make sure that cash settlement operations will be available to you on the day of your request. For example, you want to withdraw cash. You contact the bank with a request to withdraw cash and receive an offer to apply on another day. But it is convenient to carry out all operations with the account in one day. Today you deposit cash, today it should arrive in your account.
• Evaluate the sustainability of the services offered by the bank. For example, RKO legal. persons includes the issuance of payment orders for the transfer of wages. At a minimum, this payment order must be executed on the same day or the next business day.
• Evaluate the development of the bank’s network, the number of offices and ease of contact for solving problems.
• Study the list of services offered by the bank. At the bank you should receive the minimum set of services that you need to solve everyday problems.
• Assess the timing of the transaction and the requirements for completing the accompanying documentation.
• Compare tariffs for cash settlement services in different banks. Request detailed figures for fees charged. Estimate how much it will cost you to maintain an account and receive additional services throughout the year.
• Evaluate the quality and professionalism of bank employees in solving customer problems and tasks.
• Find out if you can get related services in the office , and which ones. For example, you may need a loan - can you get it by contacting the same bank where you ordered cash settlement?
• If you need to launch a payroll project with a bank, evaluate the number of ATMs and their availability for employees to withdraw cash.

Tip 2. Compare the work schedules of potential partners.

If the structure meets all of the listed criteria, the last point of verification should be the convenience of the bank’s operating mode.

This is not easy for those companies that plan to order cash management services for settlements with partners located in other regions and working in different time zones.

Tip 3. To save banking costs, enter payment days into the company.

Accepted tariffs for settlement and cash services can be reduced with the establishment of payment days in the company. You can choose from one to three days a week to prepare and send payment orders to the bank. You have to pay more for each individual order sent.

Top 9 banks with profitable cash settlement services

You can list several banks in which the conditions for settlement and cash services are significantly more favorable than in others. The most important thing that unites them is free and prompt account opening. In the fight for each client, these credit institutions offer to start cooperation without visiting the operating office. It is enough to upload the necessary documents on the bank’s portal and a specialist with the necessary documents will arrive to conclude an agreement. Also, all of these financial institutions offer free use of online banking and similar mobile applications.

They can be divided into several groups.

1.Mobile credit organizations (Internet banks). They offer their clients completely remote service.

Modulbank

Positions itself as the best bank for entrepreneurs without bureaucracy and hidden fees. Offers the following tariff plans for legal entities:

Additionally, the bank offers:

• free withdrawal to an individual’s card up to 1 million;
• overdraft up to 2 million rubles, loans from 12% per annum;
• up to 125,000 rubles for advertising;
• discount on RKO up to 20% upon prepayment.

Tinkoff

The first completely remote bank in Russia. One of the first banks to use data from social networks to predict debt repayment risks. Offers 3 tariff plans:

Additionally, the bank offers:

• up to 78,000 rubles for advertising on the Internet;
• 24/7 full user support;
• integration of Internet banking with accounting programs.

Dot

This is a subsidiary bank of FC Otkrytie only for entrepreneurs. Ranks 1st in the ranking of the best online banks and mobile applications for business according to Markswebb Rank&Report.

Additionally, the bank offers:

• cashback on taxes 2%;
• free service if there is no account turnover on any tariff plan;
• built-in accounting;
• 24/7 technical support;
• opening an account in 1 hour.

2.Banks with state participation.

Sberbank

The largest bank in Russia has made a big step in promoting cash settlement services in recent years. In addition to a specialist visiting the company’s office and convenient Internet platforms, Sberbank also offers its own system for monitoring and preventing fraudulent activities, as well as a wide range of tariff plans. Included in the list of systemically important banks.

Additionally, the bank offers:

• settlements with Sberbank clients 7 days a week;
• up to 100,000 rubles as a gift for business promotion;
• collection;
• salary project;
• preferential terms of lending and leasing.

VTB

One of the largest banks. Included in the list of systemically important banks. Offers a wide range of tariff plans that are suitable for larger legal entities.

Additionally, the bank offers:

• special leasing programs;
• free advertising on the Internet;
• interesting programs from partners;
• Unlike other banks, VTB makes comprehensive offers separately to small, medium and large businesses.

Promsvyazbank

Promsvyazbank is one of the best banks for opening accounts, according to the rating of the analytical agency Markswebb Rank&Report. Included in the list of systemically important banks.

Additionally, the bank offers:

• 6 months of free service;
• gifts from partners in the amount of 50,000 rubles;
• 3 months of free payments in the client bank.

3.Private banks.

Alfa Bank

Included in the list of systemically important banks. Alfa Bank offers organizations several tariff plans. For beginners, there is a tariff plan in which the LLC pays only 1% of turnover, everything else is free.

Additionally, the bank offers:

• a special account for participants in public procurement;
• convenient services for business development;
• website as a gift and advertising on the Internet.
• personal 24/7 personal manager.

Opening

Included in the list of systemically important banks.

A large universal bank that offers a wide range of tariff plans.

Additionally, the bank offers:

• free card issue;
• self-collection;
• 2 minutes to reserve and open an account.

Ural Bank for Reconstruction and Development

UBRD is in the TOP 3 most profitable banks for business according to MarksWebb. Offers mostly unlimited plans that offer a significant discount when you prepay for 3, 6, and 12 months at once.

Additionally, the credit institution offers:

• free internet banking;
• free acquiring connection;
• up to 60,000 rubles for business development from partners.

TOP 5 favorable tariffs for legal entities and individual entrepreneurs

To contents

As noted above, the choice of a banking structure for connecting cash settlement services must be approached competently. You trust your funds to the bank, trust it to execute your payment orders. The bank must meet all expectations from such cooperation.

Let's go through other banks and analyze the advantages of some banks over others:

Tinkoff Bank

Here you can also order cash settlement services for legal entities and individual entrepreneurs. This is a relatively young and promising commercial structure. For legal entities, two main packages are advertised here - “simple” and “advanced”. Service at these rates is positioned as acceptable. In addition, the bank holds various events for clients.

• Details on the day of application We will send details to counterparties via SMS and email on the day of application. We usually open a current account within 1 day
• Up to 6% per annum on the account balance We charge interest on the current account balance
• Personal manager Your own person in the bank - promptly resolves issues via chat or by phone
• Long payment day Instant sending of payments to accounts in other banks from 01:00 to 20:00 Moscow time. To current accounts in Tinkoff - around the clock
• Available overdraft Pay counterparties even if there is not enough money in the current account
• Integration of the account with accounting Simple integration of the current account with 1C, Kontur, Button, My Business and Finguru
• Currency accounts and corporate cards

Access to account management is provided through the Internet banking system. Here you can get business loans and activate SMS notifications about transactions. An Internet acquiring service is offered, and the opening of a depository is carried out remotely. At the end of the year, interest is accrued to the account of his clients on the amount of material assets remaining in the depository.

Sberbank

It is considered one of the leaders in the financial sector, and the institution works with both individuals and legal entities. Here you can use cash settlement services for entrepreneurs and large companies; tariffs depend on the set of services ordered. To open an account with a bank, just visit its website; an account for conducting transactions will be opened on the day of your application.

You can open new bank accounts if you already have an existing account online. The bank has released a mobile application, using this tool you can carry out any operations and track financial flows.

Fact! Sberbank has an extensive branch network and its ATMs are installed in most populated areas of Russia. In addition, the institution actively promotes salary projects. Bank customer support is provided through the website or contact center, which operates around the clock. In the office you can order acquiring services; regular customers of the bank can count on preferential terms and short loan terms. Through Sberbank you can purchase equipment on lease.

Bank opening"

This is a multidisciplinary financial structure that promotes services for individuals and legal entities. Here you can reserve a deposit for subsequent processing and connect to a remote financial management service. Customer support is provided via a 24-hour hotline. The institution advertises currency control services, connection of payment and collection terminals. In addition, it offers loans and risk insurance packages.

The bank has launched training courses for HR specialists aimed at improving the competence and qualifications of full-time employees and managers.

Alfa Bank

Offers cash settlement services with receipt of an account in domestic or foreign currency. Transactions with deposits and issuing payment orders can be carried out in online banking. RKO services are provided throughout the country; the structure has a fairly wide branch network. In addition, the organization cooperates with partners, using their ATM networks for depositing and withdrawing cash.

When you enter into a subsidiary agreement, you can expect interest to be credited to your account balance. At the institution, in addition to the basic services related to cash register services, you can order other services.

SKB-Bank

Offers clients a deposit reservation on the website and a convenient financial management system through online banking. The institution's branches are located in many regions of Russia; a long settlement day (21 hours) allows you to conveniently work with partners who are located in other time zones.

Fact! The optimal tariffs are positioned here for legal entities and individuals. There are preferential terms for business lending. In addition, here you can connect to the salary project. Clients who open an account can count on receiving a free Business Visa card. For young entrepreneurs, the bank is ready to conduct an advertising campaign using a partner platform for free.

Tariffs for cash and service services in Moscow vary from financial to financial. institutions are different. For example, RKO in Tinkoff implies free opening of a depository, account maintenance costs 490 rubles. per month for individual entrepreneurs or individuals after 3-6 months of free maintenance period.

Fact! Tariffs for settlement and cash services for legal entities at Sberbank start from 3 thousand rubles. for opening a depository. The escort fee starts from RUB 1,600. per month. At Otkrytie Bank, a commission of 1,300 rubles is charged for connecting cash register services, the monthly fee is 750-1,700 rubles. In Alfa Bank, opening an account costs 3,300 rubles, the minimum commission for maintaining a deposit is 220 rubles. monthly.

At BB SKB Bank you can open a deposit for free; account maintenance costs at least 990 rubles. monthly. All of the above structures charge fees for external outgoing transfers. Fees apply for depositing and claiming funds, as well as for providing access to the online banking system.

Having studied the tariffs for cash settlement services for clients, we can conclude: Tinkoff Bank offers the most favorable conditions. There are no fees for most basic services. However, the assessment of tariffs for each bank must take into account the specifics of doing business.

RKO for legal entities and individual entrepreneurs

By law, entrepreneurs are not required to open a current account, unless the amount of settlements with other individual entrepreneurs and LLCs does not exceed 100,000 rubles under one agreement. If you enter into transactions for large amounts, you are required by law to open an account account.

Pay attention to this nuance here. If you rent a premises and enter into an agreement with the landlord for a period of, for example, 12 months, then you must meet 100,000 rubles based on the rent for the entire rental period, and not per month.

Having a bank account greatly simplifies settlements with counterparties. In addition, not all legal entities agree to cooperate with individual entrepreneurs without a current account, since this threatens to block the account. In addition, an entrepreneur who has a current account does not receive as much attention from the tax authorities.

In general, it is difficult to imagine modern business without interaction with banking organizations. Cash settlement services and additional services for legal entities and individual entrepreneurs, which you can receive as part of banking services, make the life of an entrepreneur much easier, allow you to automate many business processes and provide an environment for comfortable development.

For example, maintaining records using the online accounting service provided by banks, obtaining legal and accounting support. Take, for example, the same salary project, when you don’t need to go to the bank, withdraw money from your account, pay a commission, and then worry about their safety during transportation. It is enough to send the salary slip to the bank, which will subsequently transfer the money to the cards of the employees.

RKO for LLC: where is it better to open a current account →

From the current account you can pay taxes and make contributions to the Compulsory Medical Insurance Fund, Social Security, and Pension Fund. It also provides reliable storage of proceeds and allows you to perform currency exchange transactions. It is worth considering that when connecting to RKO, you can rent a safe.

It is also worth considering that without a current account you will not be able to open electronic wallets (Yandex.Money and WebMoney) or accept payments by bank cards from your clients. In addition, proceeds in excess of the cash limit must be deposited into the current account every 3 days.

How to calculate cash limit

Each company has its own limit, which is calculated based on the volume of revenue.

Calculation formula: L = p / rp × ds , where:

L – estimated limit amount in rubles; P – the volume of cash receipts for the billing period (firms that are just starting to conduct business activities indicate the amount of expected revenue) in rubles; RP – the billing period for which the volume of revenue is determined (can be no more than 92 working days) in days; DS – the number of working days between the days of delivery of revenue to a financial institution (no more than 7 days, or 14 days if there is no bank in the locality in which the company operates) in days.

The result obtained will be the cash limit.

There is a fine for keeping money in the cash register in excess of the limit:

• for individual entrepreneurs and officials - 4,000-5,000 rubles;
• for legal entities - 40,000-50,000 rubles.

Attention! The cash limit is not provided only for those small businesses whose average annual turnover does not exceed 800,000 rubles and whose number of employees is 100 people.

Package cash settlement services for bank clients - TOP 3 popular services

To contents

The previously discussed cash settlement tariffs for legal entities include a full range of bank services. To reduce the costs associated with opening a cash settlement service, you can choose one of the comprehensive offers offered by a particular bank. RKO for individuals and legal entities requires payment for basic and additional services.

The grouped offers of banks for opening an account and maintaining cash settlement services have two niches:

1. Paying for a service package upon connection provides free access to some frequently performed transactions.
2. Tariffs for popular cash settlement operations are being reduced.

When connecting to a package of services, it is necessary to calculate the financial benefit: evaluate the advantages of cash settlement services in comparison with the previously used payment scheme in the company. The cost of settlement and cash services is influenced by factors such as the list of services included in the package.

Cash services for legal entities allow the issuance of plastic cards of the business category. With their help, you can withdraw cash and pay for services at payment acceptance points. Such cards are linked to the main account. It is convenient to take the card with you on the road, where you can pay for goods and services on the spot.

INTERESTING! In addition to the main card for a bank account, you can issue several additional cards and issue them to individual employees. Bonus when requesting such cards: when making transactions with the card, the tariffs are lower than for transactions through a cash desk at a bank.

A fee is charged for using cards; the bank may offer different tariffs for issuing cards depending on the category. You need to familiarize yourself with them.

Cash settlement services for individual entrepreneurs include a self-collection service, when proceeds are deposited into a deposit account through ATMs or payment terminals. This reduces the entrepreneur’s expenses for collection and eliminates excess cash.

Settlement services for legal entities allow the bank to set payment limits. To make collection profitable, consider the rates for cash deposits. Typically, depositing cash into an account through an ATM is cheaper than posting a transaction over the counter.

This tool for individuals and legal entities provides access to remote account management. RKO tariffs for individual entrepreneurs include this service in the main package when connecting RKO.

Using this tool, you can track financial transactions, prepare payment orders and view statistics on incoming and outgoing transactions.

RKO tariffs at Tinkoff Bank include access to the online banking system. The organization has the right to refuse this service, and if necessary, can reconnect it.

It is important to know! Free or paid connection to online banking is included in the bank's cash management services. The convenient functionality of your personal account helps you carry out all operations without visiting the institution.

Using the online banking system, you can make transfers in favor of other persons, pay for goods and services, you can order a statement for the period of interest, view the history of transactions and even analyze statistics on working with the service.

Banking services for legal entities using the online banking system are carried out through remote encrypted channels. Encryption ensures the safety of funds stored in the account and makes it unnecessary to obtain insurance on the account.

RKO online

Relatively recently, Internet banking burst into our lives like a whirlwind. For many, it became a real discovery, and for others, an unnecessary addition. But thanks to Internet banking, you can get almost all the same services as when visiting the office in person.

As a rule, there are two online options for logging into your personal account:

• Via computer, this is a more extensive version and has more functions;
• Through the phone, there are slightly fewer possibilities, but since the phone is always at hand, it allows you to track financial transactions, as well as make the necessary transfers.

Some banks have also begun to practice the ability to access online banking through smart watches, but due to the fact that it is a watch, most functions are not available.

Below we will tell you what actions you can perform in your personal account:

• Various translations;
• Check counterparties;
• Bill;
• Calculate taxes;
• Compile and upload all necessary documents;
• Open and close accounts;
• Maintain contact with the bank manager;
• Connect or disable additional services;
• And much more.

It is difficult to describe all the functions in a nutshell, so we have shown you only a small part of what will be available to you.

Advantages of settlement and cash services for entrepreneurs

To contents

Small businesses actively use cash settlement services. Operational services by Otkritie Bank include access to the acquiring system, which makes it possible to install a terminal for contactless payment for goods and services sold by the entrepreneur.

RKO opens up other opportunities for entrepreneurs:

• Availability of package offers for small and medium-sized entrepreneurs;
• Service in the bank by a personal manager, 24-hour support in the contact center;
• Calculations on a daily basis.

Expert opinion! Taking into account the fact that the number of non-cash payments is growing, tariffs for cash settlement services can reduce the burden on individual entrepreneurs and reliably protect their income. The more services a bank is willing to offer for them, the more profitable it is for cooperation.

Tariffs for settlement and cash services at Sberbank are aimed at small and medium-sized entrepreneurs and include various service packages:

• Opening and maintaining a deposit;
• Making intra-bank transfers and in favor of deposits opened in other institutions;
• Payment for services, making payments to the budget;
• Crediting funds deposited in cash or by bank transfer to the deposit account;
• Online banking, activation of SMS notifications about transactions, access to accounts through a mobile application;
• Carrying out currency transactions - sales, purchases and exchanges;
• Payment for goods and services using a barcode through a mobile application or ATM.

RKO tariffs for legal entities at Otkrytie Bank for depositing funds in cash and making intra-bank payments are optimal for beginning entrepreneurs. For them, this and other banking structures are ready to advertise favorable conditions for processing an operational deposit.

Acquiring

Using the acquiring service, the client can completely get rid of cash. In retail outlets where special terminals are installed, it is possible to pay for goods, works and services using a bank credit card. This service is provided only by large financial institutions that have sufficient solvency to:

• installation of special equipment;
• regulating the legal features of activities in this area;
• behavior of procedures for the use of plastic cards at retail outlets.

Acquiring operates not only in real, but also in virtual space. Citizens who have a plastic card from the acquiring bank can make payments online, receive reports on purchases made and fill out special forms for transactions. Internet acquiring involves the following procedure for conducting a financial transaction:

• the company draws up an agreement with the bank;
• the organization’s website contains information about the possibility of using a certain type of plastic card;
• the client fills out a form to complete the transaction;
• the bank monitors requests and satisfies them if the necessary conditions are met;
• An application for shipment of goods is submitted.

In this case, the bank takes responsibility for verifying and tracking requests.

Frequently asked questions (FAQ) about RKO

To contents

Now we will answer the question about the cost of operational services and other issues that entrepreneurs face.

Question 1. Are cash register services and cash register maintenance the same thing?

Pay attention to the maintenance of a current account for individual entrepreneurs, tariffs and terms specified in the contract. If operational support involves making settlements and payments on the accounts of private and commercial organizations, then RKO is a system of banking services that allows you to conduct transactions and make payments in any currency. Such a system is focused on carrying out operations on accruals and write-offs.

ADVICE! To receive cash settlement for individual entrepreneurs for free, you need to prepare a package of papers, enter into an agreement with the bank and make sure that the company’s activities are completely legal and do not violate the principles of current legislation.

With operational support, the bank serves its clients. This has nothing to do with the technical support of cash registers, since with this scheme the main objects are the cash registers themselves and information on incoming transactions in them.

Please note that banks are ready to provide an expanded list of services for legal entities in the form of collection and other services.

Question 2: How to choose the best service provider for your small business?

Study the tariffs for cash and service services and evaluate how well they correspond to the conditions of your activity.

In Russia, about 600 banking organizations offer cash settlement services, each of them has its own financial policy. To find a partner bank, use the instructions:

1. Evaluate how convenient cash settlement services are for individual entrepreneurs at the bank you are interested in. Is the bank ready to offer remote services for managing savings? If the company plans to service foreign currency accounts, check the availability of currency control services at the bank. Look at the prices of Otkritie Bank and study the list of its services.
2. Look at the diagram of how cash settlements are opened for legal entities, and whether a fee is charged for maintaining the account. Can a bank offer preferential conditions for a start-up business? Remember that cash management services are a set of interconnected services. Look at bank rates for individual entrepreneurs in your region. For beginners, it will be beneficial if during the first few months of service the bank does not charge a fee for maintaining the account.
3. RKO tariffs for individual entrepreneurs at Tinkoff Bank include fees for cash deposit transactions. This practice is applied by all banking structures, and the amount of the fee varies. Calculate the benefits of cooperation with the bank, taking into account commissions for its services and compare them with the turnover of your company.

Knowing these indicators, you can determine how much cash settlement services at Sberbank and cash settlement services at other banks will cost. This must include not only the commissions constantly charged by the bank, but also the fee that is paid when opening an account or connecting services.

We have looked at what a banking settlement service consists of. To select a reliable partner, we recommend paying attention to the following points:

• How quickly a bank account is opened and how quickly related services are activated. Is it possible to reserve an account and open it later? Cash settlement services for legal entities allow the possibility of opening an account remotely with the subsequent provision of the requested documents to the office.
• What is the institution's credit rating? This indicator is important both for organizations planning lending and those planning to carry out outgoing and incoming transactions on an account without applying for a loan. In particular, the Alfa Bank tariff page contains a link to the high credit rating of the banking structure.
• The number and proximity of branches in the city where the company operates. A bank current account is not only about conducting non-cash transactions, but also the need to visit a bank office to carry out transactions.

Having carried out this check, it will be easier to choose a bank for legal entities and enter into a cash settlement agreement with it.

Paper question: what documents are needed for RKO?

To open a bank account for an individual entrepreneur , you will need to provide the credit institution with the following package of documents:

• passport;
• an identification number;
• registration number of an individual entrepreneur.

But legal entities with the status of LLC, JSC, PJSC and the like will need a thicker package. The credit institution requires from them:

• registration number;
• an identification number;
• Company Charter;
• Order on the appointment of the Director of the enterprise;
• other constituent documents of a legal entity.

You will find more detailed step-by-step instructions on how to open a bank account in my separate article.

Bank tariffs for payment for cash settlement services

Basically, banks offer comprehensive cash settlement services. The most popular banks that offer top packages for cash settlement services are:

1. PJSC Sberbank of Russia (provides its clients with the opportunity to open accounts using the Internet through the bank’s official website, while accounts for work become available immediately after activating the application even before concluding an official agreement; also through the Sberbank Business Online service, including including through a special application, opening additional accounts is available). The cost of opening an account across the country varies from one to three thousand rubles. The escort fee is just over one and a half thousand rubles.
2. JSC Tinkoff Bank also provides the ability to open accounts via the Internet. At the same time, opening accounts is carried out by the bank completely free of charge. The client chooses service packages for cash settlement services independently depending on his own business needs. The cost of support also depends on the chosen package (A simple package of services will cost the client almost five hundred rubles; Advanced - a thousand rubles; Professional - five thousand rubles).
3. JSC Alfa Bank provides clients with cash settlement services for both ruble accounts and foreign currency accounts opened with the bank. All Alfa Bank services are available to clients online. Opening accounts is free of charge; fees for support services start from four hundred and ninety rubles.
4. PJSC Bank FC Otkritie offers clients the service of reserving accounts for their further opening; The bank provides loans for business development, and also provides services for insurance, cash collection, and foreign exchange transactions. The cost of opening an account is one thousand three hundred rubles; support fee – from two hundred and twenty rubles.
5. SKB Bank, like Otkritie Bank, offers its clients account reservation services. At the same time, the bank provides almost round-the-clock operating hours. Direct account opening is free, but the cost of service is quite high - from six hundred to seven and a half thousand rubles.
6. JSC Raiffeisenbank opens an account online within 5 minutes after receiving the relevant application. The bank's clients also have access to remote servicing, which significantly reduces the time spent when issuing invoice certificates about transactions performed. To carry out currency or exchange transactions, a remote electronic trading platform is available to corporate clients, allowing them to enter into conversion transactions with a financial institution in real time with settlement terms of up to 3 business days. JSC Raiffeisenbank charges clients only for support as part of the service package.
7. PJSC Sovcombank has developed special offers and products for business structures (various packages for large, medium and small businesses, services for registering individual entrepreneurs or LLCs, services for remote creation and maintenance of ruble and foreign currency accounts, etc.). The fee for account support services is purely symbolic (only seventy-five rubles).

Almost all of the above banks carry out their interaction with clients (client-bank relationship) free of charge.

At the same time, clients should remember when carrying out any transactions that banks may charge fees for replenishing accounts or withdrawing cash.

Essential parameters when choosing a banking organization for cash settlement services

Content

Considering that the safety of financial resources will depend on the choice of a banking organization for cash settlement services, this choice must be approached extremely seriously.

DO NOT FORGET! YOU CAN HAVE MONEY TODAY!!! CLICK HERE!!!

Here are the most important aspects that, according to banking analysts, you need to pay attention to when deciding on choosing a bank for cash settlement services.

1. Conduct an analysis not only of the positive aspects of the credit institution’s activities, but also pay attention to studying its weaknesses. It is worth paying attention to how quickly the organization carries out all kinds of operations at the client’s request (depositing the necessary funds into the client’s account, transferring funds between the client’s accounts or to other accounts, including those opened in other banks, etc.).
2. When making international and long-distance transfers, you should pay attention to the 24-hour work schedule of the bank providing cash settlement services.
3. In the age of development of information and telecommunication technologies and the increasing incidence of crimes in the IT sector, bank clients should pay attention to the bank’s provision of protection of information about its clients.
4. The ability to make payments and money transfers on pre-agreed days in order to save payment costs.

How to open a cash settlement in a bank

Opening an account for cash register services is becoming easier every year. Today you can book a current account through the bank’s website and accept payments to it on the same day.

In total, the procedure for opening an account consists of several stages:

1. Selecting a bank;
2. Select a tariff (if there are several);
3. Collection and provision of documents;
4. Concluding an agreement, drawing up a card with signatures and a seal (if available).

Depending on the bank, the entire procedure may take 1-5 days.

Documentation

A list of documents required to open an account can be obtained from the financial institution. Banks have the right to establish their own procedure for servicing, opening an account and the form of documents.

Minimum package of documents:

• Statement of intent to open an account;
• Identification document (passport and quite often - TIN);
• If available, the seal of the entrepreneur or organization;
• Documents confirming the state registration of an organization or individual entrepreneur (OGRN or OGRNIP).

For legal entities, other documents may be required.

For example:

• Charter, certified by the seal of the tax service;
• Protocol on the establishment of the company and the appointment of a director;
• Documents for the legal address (lease agreement, certificate of ownership);
• If available, a constituent agreement, licenses, if the type of activity is subject to mandatory licensing.

Documents required to open an account

Each bank has its own requirements for the set of documents required to open a current account for an individual entrepreneur or LLC; I will give the “standard version”

IP

• Original passport

OOO

• Original passport of the head of the organization
• Charter/Memorandum of Association and amendments thereto
• Documents on the election/appointment of a manager and extension of powers

Deposits

Deposit