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Opening Bank Accounts in Russia for Foreign Business, Including NRA Accounts

Opening Bank Accounts in Russia for Foreign Business, Including NRA Accounts

RAUIE supports the opening of settlement and special accounts in Russian banks for foreign companies and businesses with an international structure. We help pass formal procedures, prepare documents, register for tax, and build a working financial infrastructure in Russia.

What the Company Will Get

  • Bank selection under business tasks and operation profile.
  • Preparation of a set of documents for opening an account.
  • Support for tax registration and obtaining a TIN (INN) if necessary.
  • Support during bank compliance check.
  • Opening a settlement or NRA account, taking into account the requirements of Russian legislation.
Operating procedure

When to Reach Out

For whom

A foreign company plans to start settlements in Russia.

A business needs an NRA account

to work with the Russian banking system.

A bank requests a complex package of documents

and additional explanations.

It is important for the company to reduce the risk of refusal

and prepare for the compliance check in advance.

How RAUIE Helps

Benefit

Opening an account for a foreign company requires not just submitting documents but correctly preparing the entire logic of entry into the Russian banking system.

RAUIE helps pass this path consistently: from TIN and the document package to bank choice, application approval, and account activation.

85

Regions of Russia

3-7

Days for initial selection

0₽

For RAUIE member companies

Workflow

Workflow

01.

Company Structure Analysis

We study the country of registration, type of activity, planned operations, tax registration status, and bank requirements.

02.

Preparation of Documents

We form a set of documents, support apostille or legalization, translation, and notarization.

03.

Bank Choice and Passing Verification

We select a bank, submit a preliminary application, support answers to compliance questions, and eliminate possible refusal risks.

04.

Signing and Launching the Account

We support the final stage, contract signing, account activation, and banking service setup.

Who the Service Is For

Foreign legal entities conducting or planning activities in Russia.

Companies from China and other Asian countries that need settlements in the RF.

Investors, suppliers, trading, and manufacturing companies.

Businesses that need to work through a Russian bank in a legal and clear model.

Terms

Conditions

Availability

Availability

The service is available to foreign companies and structures that need banking infrastructure in Russia.

Cost

Cost

The cost depends on the company's jurisdiction, the set of documents, the selected bank, and the need for tax registration.

Timeline

Timeline

Timelines are determined by the readiness of documents, passing the bank check, and the requirements of a specific bank; tax registration takes about 5 working days after submitting the application.

Documents and Examples

Materials

Bank account opening request form.

Bank account opening request form.

Presentation of the 'Opening an Account in a Russian Bank' service.

Presentation of the "Opening an Account in a Russian Bank" service.

Document checklist for opening an account / NRA account.

Document checklist for opening an account / NRA account.

FAQ

FAQ

Can a foreign company open an account in a Russian bank?

Yes, such an opportunity exists, but it requires correct preparation of documents and passing bank procedures.

What is an NRA account?

This is a special bank account for a non-resident, which is used for operations in Russia in accordance with the established regime.

Do I need to get a TIN (INN) first?

Yes, tax registration and obtaining a TIN are a mandatory preliminary stage for opening an account.

What most often causes a bank refusal?

As a rule, risks are related to an incomplete set of documents, a non-transparent business structure, or questions from the compliance service.

Does RAUIE help choose a bank?

Yes, a bank is selected taking into account the business profile, type of operations, and the practice of working with international clients.

Application Form

Open an Account in a Russian Bank

Leave data about the company, and RAUIE specialists will suggest which account format suits your business and what documents will be required.

Contact specialist

Contact specialist

Natalia Sapunova

line

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