Once a company (resident or non-resident of the Russian Federation) has opened an account with Gazprombank, it will gain access to the full set of our state-of-the-art financial services. At your request, the Bank can timely perform various cash management transactions in rubles or foreign currencies (given that the Bank holds correspondent accounts in these currencies):
Advantages of Gazprombank services:
Procedure for opening an account:
To clarify the applicable category of services and rates for settlement and cash services in the Bank's branches, you are kindly requested to contact the appropriate branch.
Under the relevant federal law, you can sign up for an interim current account number using the Online Legal Entity Account.
Gazprombank advises its customers to perform conversion operations using the GPB-Dealing trading information platform.
For technical support issues or to receive advice on how to use the system, please call 8-800-100-1189, or send an email to firstname.lastname@example.org.
Bank GPB (JSC) offers an advanced range of cash settlement and information services, jointly referred to as Cash Management, and intended primarily for customers with an extensive network of branches, subsidiaries and remote business units. Moreover, it is possible to connect any business unit of a group of companies to this service, regardless of their geographical location, including branches and subsidiaries that are standalone legal entities.
Cash Management is a set of services designed to effectively perform settlements and manage bank account balances, allowing you to monitor external and internal financial flows of a holding structure and achieve the following goals:
Cash Management products are user-friendly and automated to the greatest possible extent, which significantly reduces the time and financial costs of the operational process, reduces the likelihood of technical errors and personnel errors when payments are made.
Cash Management solutions can be tailored to any financial and management structure, do not require complex software and hardware, while offering a high degree of security and information protection.
An additional advantage of Bank GPB (JSC) in the sale of Cash Management products is the wide regional branch network of the Bank, which makes it possible to provide these services in all regions where Bank GPB (JSC) has a footprint.
The Corporate Settlement Center (CSC) is a service based on the Client-Bank System, which is a set of information tools for operations control and cash flow management, accelerated exchange of information and financial flows through centralized management decision-making.
The service involves several different levels of application, depending on the required degree of centralization of treasury functions and the current managerial and financial needs of the Customer:
Direct access of the head office to all (or a selected) payment transactions of a group of companies in real time, i.e. monitoring of all payment documents of a group of companies, prompt information on payments, cash flow control and the ability to quickly make management decisions on their adjustment.
Preliminary Control of Debit Transactions
Payment document authorization is an additional preliminary control feature which allows the head office of a group to make a real-time decision on the execution/rejection of current payment of a branch or subsidiary. Flexible system settings make it possible to customize the automatic or semi-automatic decision-making mode on the execution/rejection of payments according to specified criteria, for example, in relation to the approved spending limits of the cash flow budget.
In addition to adjusting the financial flows and managing the current liquidity of the group, the Corporate Settlement Center service provides an opportunity to monitor the execution of the internal corporate budget. At the same time, management of line item contents and budget limits is carried out by the Customer, and it becomes available to all divisions (and holding companies) in real time.
The information support system of the Corporate Settlement Center service makes it possible to generate reports with planned/actual budget indicators in a convenient form and on the basis of reliable data.
Consolidation of funds and financing of bank accounts to ensure payments to pooling members (Physical Cash Pooling).
This service enables centralized management of cash balances for all accounts of a group of companies and is efficient mainly for companies with a centralized financial strategy and a single control center.
Physical cash pooling is based on actual cash transfers between the accounts of the pooling participants into one account (the Master Account), which, in turn, is used to secure payments made by the pooling participants. On a daily basis, the Bank will automatically transfer cash balances from the pooling participants' accounts into the Master Account. If a pooling participant’s account does not have a sufficient balance to make a payment, the Master Account can be used in order to execute payment documents of the pooling participants that have been accepted by the Head Office.
All cash flows between the Master Account and pooling participants will be reported in daily statements.
Offset of overdraft debt with consolidated balances in accounts of legal entities forming a group of companies (Notional Cash Pooling).
This service makes it possible to manage inter-group liquidity by offsetting interest payments. Under this model, there is no actual cash transfer between the accounts of the various pooling participants.
The Notional Cash Pooling model provides for offset of interest expenses of companies that are pooling participants for the use of funds borrowed as a result of overdrafts on settlement accounts.
On a daily basis, the Bank will automatically calculate the liquidity position for all pooling participants, i.e. it will calculate total debit and credit balances in the pooling participants’ accounts.
A high interest rate is accrued on the part of the total credit balance, whereas standard interest is charged on the debit balance for the use of overdraft.
Transfer of funds from individuals or legal entities’ accounts (the Payers) into the client’s account, as determined in a Cash Collection Agreement.
Gazprombank being one of the leading Russian banks for payment services; it can provide its clients, notably those having a large quantity of individual Payers, with its vast geographical coverage and extensive client base.
Interesting features of the service include:
- payments from individuals to the Customer’s account can be made no later than the next business day after acceptance of relevant payment document;
- information about payments from individuals can be received with the Payers’ identification;
- Bank’s fees may be charged to the Payer or the client of the bank;
- information about receipt of money may be requested and obtained using the electronic document management system.
Identification of incoming payments using a unique payment ID.
This service provides for the use of a new scheme for crediting funds on the basis of settlement documents compiled using ID numbers.
The service allows Customers to:
As an attachment to the daily statement, the Bank provides the Customer with an additional report on funds received from counterparties with indication of their ID numbers.
We look forward to addressing any questions you may have and starting the process of connecting you to this service.
For more details, call:
+7 (495) 989-9115
+7 (495) 983-1726
+7 (495) 913-7979
Gazprombank is a leading Russian bank in the area of international settlements and foreign exchange transactions.
The Bank offers an extensive range of services aimed at supporting foreign trade contracts.
The Bank’s experts can provide free advice, assist in choosing the best possible form of payment, thereby essentially eliminating all risks in foreign trade transactions.
Gazprombank has stable relations with credit institutions in many countries of the world, thus ensuring the execution of transactions in major convertible currencies and currencies of multiple developing countries in Europe, Asia and Latin America.
The Bank has established correspondent relations with all leading foreign and Russian banks.
Gazprombank performs a full range of documentary transactions, as well as foreign trade finance operations