Settlement and cash services
Nordea Bank opens settlement and other bank accounts in RF roubles and foreign currency to legal entities, residents, and non-residents, as well as offers a full set of settlement and cash services.
Nordea Bank settlement and cash services advantages:
- opening of settlement and other bank accounts without delay
- Personal Manager services
- full informational customer support and assistance in execution of documents
- accounts maintenance at flexible rates
- a convenient mode of payment:
- payments effected with same day value
- payments are effected in an extended operational day mode
- application of funds transferred by the first or second shift on the clearing system of the Bank of the Russian Federation with same day value
- remote crediting to settlement accounts in case of business conducted by customer in various regions of Russia:
- cash acceptance in Russian roubles according to notification on cash deposit or forwarding register attached to cash bag (in case of cash collection) in any bank office if customer does not have a settlement account
- transfer or crediting of accepted cash to customer’s settlement account opened in a bank’s office located in other region
- prompt settlements ensured by wide bank regional branch network.
- customised terms and conditions of service
- wide correspondent banks network ensuring high speed and reliability of payments.
For opening a bank account and effecting cash/settlement services, OJSC Nordea Bank and the Customer sign a bank account agreement, stipulating the Bank’s actions as follows:
- opening and maintaining settlement accounts denominated in rubles and foreign currencies
- effecting cashless settlements on accounts in forms provided by the applicable law, including remittances in rubles and foreign currencies, payment collection settlements, L/C settlements etc.
- accepting and dispensing cash
- accepting banknotes for authentication
- performing a currency control function
- FX converting transactions.
The list, as well as Terms and Conditions of cash and settlement services for corporate customers (excluding credit institutions), individual entrepreneurs, and persons engaged in private practice pursuant to the procedure established by legislation of the Russian Federation in force, are set forth in the "Basic" Tariff Plan.
Contacts: Corporate Banking International Division