Who is current account for?
A current account can be opened by:
- Local physical or corporate persons registered under the Commercial Act:
- Commercial enterprises - physical (Sole Proprietor) or corporate persons (joint-stock company, limited liability company, general partnership, limited partnership) pursuant to art.1, par.1 and 2 of the Commercial Act; Commercial enterprises in liquidation.
Funds on a company's current account can be disposed of by:
- Company representative/s as specified in the Decision on Court registration jointly or separately as may be stipulated in the Specimen Signatures
- A person authorized by a Power of Attorney executed by a Notary Public
The balance on a current account interest will be calculated once a year, as of 31 December or upon the account closing, at an interest rate fixed and changed in accordance with the bank's interest policy and announced at the general access places at its branches.
What is a current account?
Current account is a company account which ensures access to the full range of banking products and services specially developed to meet all of your needs and requirements.
The current account allows you to:
- Dispose freely of the funds deposited
- Perform the following operations:
- Cash depositing
- Transfer of employees' salaries to their accounts
- Cash withdrawal; transfer of amounts to term deposit accounts
- Sending of local or foreign transfers
- Receipt of local of foreign transfers
- Non-cash payments of electricity, water, telephone or taxes bills
- Transfer of repayment installments on loans utilized
Main benefits are:
- Easy access to your account information through e-banking or from the whole branch network of the Bank
- Comfort and security in your daily transactions.