Customs card
Does your business require import-export transactions?
Then you know how complex and tedious customs payment can be.
The process can be significantly speeded up.
Nordea Bank offers a critical instrument to make customs payments convenient, fast and reliable — a chip-embedded customs card.
The customs card allows the user to electronically pay all types of duties and is the only method of direct payment by bank card approved by customs legislation. The customs card is accepted across Russia.
In accordance with the requirements of the Russian Federal Customs Service, all customs agencies are being equipped to accept bank cards.
At customs agencies throughout Russia, the customs card is used for the electronic payment of all types of duties, including:
- Customs processing fees
- Customs duties
- Value-added taxes
- Excise taxes.
Nordea Bank offers customs cards through one of two issuers — Customs Cards, LLC, and Customs Payment System, LLC.
Customs cards – simple and convenient
- You pay at your convenience: directly at customs stations during declaration or in a payment office. Payments are made from a single banking account, open 24 hours a day, 7 days a week.
- Payment occurs instantaneously: upon use of the customs card, funds are transferred to the customs agency. There is not need to make initial payments.
- Customs declarations can be made at several customs stations simultaneously.
Customs card – reliable and safe
- The technology used to settle customs payments is made possible by a chip-embedded card in accordance with Order 757 (3 August 2001) by the State Customs Committee.
- Only customs payments may be made with the customs card; other transactions are prohibited.
- Because personal use of funds is not possible, companies can be assured that only customs payments will be made with the card.
- Access to funds requires a PIN number known only to the cardholder. This number can be changed at any time.
- The information service allows to get prompt notifications on all transactions implemented on your card and/or on your card account.
Customs card – a new possibility
- If necessary, use of the customs card enables to the cardholder to make supplemental payment to avoid delays in customs declarations. This is particularly useful in the case of increased customs fees.
- Use of the card helps optimize internal audits and monitor usage of funds by company divisions and agents throughout Russia, as well as reducing paperwork.
- The card may be used to make customs payments on behalf of a third party.
- Special card accounts issued by Customs Cards, LLC, can reserve funds to fulfill payment obligations without the need to deposit funds on customs agency accounts or file bank guarantees.
Special offers by Nordea Bank for clients operating on foreign markets
- Overdraft protection on customs card accounts;
- Issuance of bank cards to pay for special customs fees – used as collateral for customs agencies by clients operating on foreign markets
Since international business is one of Nordea Bank’s key areas, we offer our clients a wide array of services for clients operating on foreign markets.