To make a payment or transfer money on a currency transaction, it is necessary to provide documents to the servicing bank on the basis of which the currency transaction is conducted.
The list of documents on the basis of which the currency transaction is carried out:
1) Copies of documents confirming the execution or on the basis of which it is necessary to fulfill obligations under foreign exchange or import agreements;
2) Currency agreement or its copy. A currency agreement or its copy, which is subject to the requirement to obtain an account number, is presented with a note on the assignment of an account number (for a currency agreement to which an account number was assigned after the entry into force of the Rules);
3) Registration certificate or certificate of notification - for currency exchange agreements on the movement of capital or accounts with foreign banks subject to accounting registration, for which, prior to the entry into force of the Rules, a registration certificate or certificate of notification was received and an account number was not assigned.
Depending on the characteristics of the transaction in which the foreign exchange transaction is carried out, such a transaction may be subject to the requirement to obtain an account number for an agreement on the movement of capital or an account number for an agreement on export or import.
Operations covered by the requirement to obtain an account number:
The capital flow account number applies to transactions in excess of US $ 500,000 between residents and non-residents, which include: financial loans, investments, operations with securities, derivative financial instruments, joint activities, acquisition of real estate, acquisition of intellectual property rights , operations with brokers, dealers, trust management, trust, gratuitous transfer of currency values.
Assignment of an account number is carried out in the territorial branch of the National Bank.
An export or import account number applies to export or import operations of goods, works or services worth more than $ 50,000.
A number of exceptions are provided when the assignment of an account number to export or import contracts is not required.
Assignment of an account number is carried out in the servicing bank.