Deposits
Placing free funds in rubles or foreign
currency in a termed deposit allows legal entities and individual entrepreneurs
to generate guaranteed interest income within strictly designated time frames.
To conclude an agreement with the Bank on the
terms and conditions provided for in Article 428 of the Russian Civil Code for
a contract of adhesion, the customer is required to submit to the Bank two hard
copies of the Declaration of Acceptance of the Master Agreement on the
procedure for conducting deposit transactions, signed by a duly authorized
representative of the Customer and certified by the Customer’s seal, as well as the duly certified documents
required to open a deposit account and verify the Customer’s legal capacity and the powers of the representative who signed the
Declaration of Acceptance on behalf of the Customer. The list of the required
documents is defined by the rules of the Bank.
Advantages of using a master agreement:
- Ability to perform transactions for a period of one day or longer;
- Reduction of document flow and transaction time;
- Operations involving the main types of currencies under a single agreement;
- Minimizing the number of deposit accounts held;
- Ability to credit funds to a deposit account by debiting funds from a current account on the basis of a payment order with prior acceptance;
- Ability to exchange confirmations using the Bank-Client System.
The Customer may also enter into a Master Agreement
on the procedure for conducting deposit transactions on a bilateral basis with
the Bank.
For more information, call:
+7 (495) 913-78-83,
+7 (495) 913-78-80
* * *
Dear Customers,
Please be advised that amendments have been
made to the Master Agreement on the procedure for conducting deposit
transactions (as a contract of adhesion), which take effect on January 15,
2019.
The new version of the Master Agreement on the
procedure for conducting deposit transactions (as a contract of adhesion) incorporates
a number of changes, including:
- The definition of the Bank-Client System term has been revised;
- The form of the Notice on the Use of the Bank-Client System has been deleted;
- The Declaration of Acceptance of the Master Agreement on the procedure for conducting deposit transactions has been amended.
Please note that for Customers who have
previously adhered to the Master Agreement on the procedure for conducting
deposit transactions, as of January 15, 2019 the new version of the agreement
will take effect by default.
In case of disagreement with the amendments
made to the agreement, the Customer is entitled to terminate the agreement
before such changes take effect by submitting a written notice to GPB Bank
(JSC) in accordance with the procedure set forth in the agreement.