Correspondent account - an indispensable requisite for settlements between credit institutions.The combination of these accounts is reflected in the bank balance on the account number 301 followed by detailed, depending on the type of transaction.Among them are the following:
- accounts that commercial banks opened with the Bank of Russia.It reflects contributions to the share capital, received interbank loans, the amount of unknown purpose, and others. (Debit of sub-account number 30102).On loan: loans granted on the interbank market, cash withdrawal, transfer tax amounts, commissions and others.
- Accounts that credit institution opened in other credit institutions (nostro, recorded on the sub-account number 30110), and the account that other banks openIn this financial institution (Loro, the sub-account number 30109).They affect not only the operation of the bank, but also a number of transactions of its clients.
correspondent account - a unit to build relations with foreign banks.Banks can open their accounts in foreign credit institutions.The latter in turn can do the same in domestic financial institutions.In order detail records are allocated separately correspondent accounts for operations with precious metals.
Correspondent account - is the ability to continually monitor the bank's accounting relations with other credit institutions, t. To. The analytical accounting involves the separation of the operations on all correspondent bank.In order to comply with the currency legislation also distinguished foreign bank accounts, which are transactions in Russian rubles (account type "K" and "H" is carried on the sub-accounts 30122 and 30123).
Correspondent account - is, in fact, dvadtsatiznachnoe numbers where each number has a well defined value.In the territorial division of the Bank or the Bank of Russia, he was called after a commercial financial institution has received a certificate of state registration.In order to open a correspondent account in a foreign bank, you need to send a set of well-defined documents, most of which are to be transferred, and appropriate assurances.
Correspondent account with Sberbank can vary for the offices in different cities.The first three digits there are always 301, the next two - the number of the account balance (2nd order), followed by three digits, meaning the account currency (the Russian ruble is encoded 810).Next - a check digit, eight digits are reserved for coding bank accounts, and the last three coincide with the last three digits of a credit institution Bika.For example, for the central office of the Savings Bank correspondent account the latest figures are 225 and for Baikal - 607.
Who else may have the correspondent account?Bank of Russia regards this question, as the opening of accounts of this type of foreign national banks to conduct operations in rubles and other currencies.
