Opening account

The general information on opening the account

Any mutual relations of the Client with Bank begin with opening the account. Opening of current accounts is adjusted by the current legislation of Turkmenistan.

The bank account is a way of reflection of contractual attitudes between Bank and the Client on fulfilment of Bank operations.

There are some kinds of accounts:

The settlement account;

The running account;

The running  account in a foreign currency;

The depositary (supplementary) account;

The special account;

The temporary account.

Necessary documents for opening the account to physical persons-businessmen without formation of the legal person:

• Application on opening of the account;
• Samples of signatures and a type of seal, notarially certified  in duplicate;
• Registration certificate;
• The Certificate on statement on the tax registration

To legal persons -  residents of Turkmenistan and their isolated divisions (Branches and Representations)

• Application;
• Samples of signatures and a type of seal, notarially certified  in duplicate;
• Copy of Chapter (or Provision);
• Copy of extraction from USRLP (Uniform state registration of legal persons)
• Copy of certificate on state registration
• The Certificate on statement on the tax registration
• The copy of reference from administration of municipal statistics (notarially certified):
• Copy of the passport of director:

To legal persons – non- residents of Turkmenistan and their isolated divisions (Branches and Representations)

• Application;
• Samples of signatures and a type of seal, notarially certified  in duplicate;
• Copy of Provision;
• The Certificate on statement on the tax registration
• The original of the power of attorney (or a copy of the power of attorney), legalized in established order by the legislation of Turkmenistan.

The bank account opens on the basis of the contract concluded with the client according to the Civil Code of Turkmenistan.

Forms of clearing accounts arechose by clients of bank, and also independently by bank and provides in the contract.

At opening, renewal and closing of the bank account, the bank is guided by the legislation of Turkmenistan, and also Position of the Central bank of Turkmenistan «About the bank account».