How to open a bank account in Realist Bank

GSL reference about the bank What is it?

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GSL rating

rating

Beginning of cooperation

January, 2025

Last contact

February, 2025

Last update

February, 2025
  • the bank was established in 1990 in Moscow;
  • the bank opens current and savings (deposit) accounts;
  • the bank opens accounts not only for Russian companies but also for foreign companies, that is those incorporated OUTSIDE the Russian Federation (RF);
  • original documents of a foreign company that are provided shall be legalized / apostilled and have a notarized translation into Russian;
  • there is no requirement regarding the minimum account balance;
  • tax registration in the RF and director’s visit to the bank’s office are required to open an account; it is also possible to open an account by power of attorney issued to the account signatory;
  • it is possible to make international payments in a foreign currency; available currencies: BRL, INR, RSD, GEL, AMD, KZT, BYN, KGS, TJS, UZS – without limitations, AED, CNY, TRY, BGN – with limitations (only to accounts at certain banks);
  • no fee is charged for incoming payments in a foreign currency, but there are exceptions in the case of payments in TRY and CNY via correspondent accounts of certain banks;
  • it issues bank cards;
  • there is online banking;
  • opening an account takes at least 1 month
GSL rating
rating
Beginning of cooperation
January, 2025
Last contact
February, 2025
Last update
February, 2025
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General information and rating
General information and rating

Not rated
Global rating
Not rated
Countrywide rating
Countrywide rating of the head bank
Global rating of the head bank
Year of foundation
1990
History
Started its work in 1990
Personnel
The staff communicates in Russian and speaks English
Bank’s shareholders
Bureaukrat Holding
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    Minimum requirements
    Minimum requirements

    0
    Minimum balance, €
    No restrictions
    Transactions permitted per month
    0
    Initial deposit of funds, €
    0
    Deadline for the initial deposit, month
    Minimum balance, €
    No minimum account balance requirement
    Transactions permitted per month
    No restrictions on the number of transactions
    Initial deposit of funds, €
    No down Initial deposit requirement
    Minimum turnover, €/year
    No turnover restrictions
    How fast payments are executed
    Same day or next day

    Tariffs and services
    Tariffs and services

    150
    Outcoming transfer, €
    0
    Incoming transfer, €
    130
    Account maintenance, €/year
    N/A
    Payment limit for credit cards, €/day
    Outcoming transfer, €
    Outgoing payments in USD are subject to a fee amounting to 0.1% of the payment amount (the minimum is USD 150; the maximum is USD 450), for EUR it is 0.1% (the minimum is EUR 150; the maximum is EUR 450), for BYN it is 0.1% (the minimum is USD 15; the maximum is USD 150), for KZT it is USD 20; the fee is also charged for outgoing payments in CNY, TRY, AED via correspondent accounts of certain banks, etc.
    Incoming transfer, €
    No fee is charged for incoming payments in a foreign currency, but there are exceptions in the case of payments in TRY and CNY via correspondent accounts of certain banks
    Account maintenance, €/year
    Account maintenance fee with and without RBS in USD / EUR - RUB 1 000 monthly; with and without RBS in other foreign currency - RUB 600 monthly
    Distant access to the account
    Remote banking system for legal entities and individual entrepreneurs (RBS System)
    Financial products
    It is a universal financial organization that provides a wide range of services to corporate and private clients
    Credit/debit cards
    Bank cards can be issued

    Account opening procedure
    Account opening procedure

    Days to open for incoming transfers
    Case by case
    Days to open for outcoming transfers
    Case by case
    References
    Not necessary
    Purpose of the account
    Savings & current
    Visit to the bank
    Tax registration in the RF and director’s visit to the bank’s office are required to open an account; it is also possible to open an account by power of attorney issued to the account signator
    Required
    List of corporate documents of a foreign company required to open an account with a Russian bank:

    - Certificate of Incorporation;
    - Memorandum and Articles of Association;
    - Certificate of Good Standing;
    - Extract from the Registrar (Certificate of Incumbency);
    - Certificate of registration of legal entity with tax authority of the Russian Federation (certificate of taxpayer identification number; see information below on registration of a foreign organization with a tax inspectorate of the RF);
    - Documents proving powers of the sole (collective) executive body of the legal entity;
    - Power of attorney (in the case of opening an account by power of attorney); the text of the power of attorney must be approved by the bank;
    - Identification document of the sole executive body (individual) of the legal entity, persons authorized to manage money in the bank account, and other representatives of the legal entity;
    - Notarized specimen signature and seal card.

    The list is not exhaustive and may change depending on the country of the foreign company’s incorporation and the chosen bank. Banks reserve the right to request any additional documents and information
    Types of accounts
    Savings; Current
    Chances to open an account
    Predictable

    Banks of Russia

    Bank
    The cost of opening an account, $
    Global rating
    Countrywide rating
    GSL rating
    1 500
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    1 500
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    1 500
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    1 500
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    1 500
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    1 500
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    1 500
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    1 500
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    1 500
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    1 500
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    1 500
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    1 500
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    1 500
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    1 500
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    1 500
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    1 500
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    1 500
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    1 500
    N/A
    N/A
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