market economy characterized by the predominance of non-cash payments in cash.This form allows you to achieve significant savings on distribution costs.
make non-cash payments by recording in the accounts of banks, with the result that funds are debited from the payer's account and then transferred to the recipient's account.
such operations possible after the opening of the bank's customers current accounts.All payments are carried out with the consent and by order of the account holders in the order of payment within cash balances.Market entities have the right to choose the form of such payments.To make payments on the principles of urgency and security (availability of liquid funds for the repayment of these charges).
Cashless payments are held in accounts (settlement, current, or other) that are opened all economic entities before the start of their activities.Any legal person, regardless of ownership, is obliged to have a bank account.To open such an account you need to contact your bank statement and its annexes set of documents.Each newly opened account is assigned a unique number, and customer contract a bank account (cash and settlement services).
There are some types of non-cash payments as payments via money orders, checks, collection letters, payment orders and letters of credit.
According to the agreement the bank is obliged to credit the account of the client means to fulfill his orders and to provide information about all transactions on the account.Bank credit the client account funds no later than the date that is the day of their arrival in accordance with the payment document.
If the customer's account sufficient funds, the cancellation is done with him in the order in which the customer receives the order and the calendar turns to write off.
If funds are insufficient, the write-off in the following sequence.First of all funds are debited by the executive documents for damages or payment of alimony.Can then be written off by means of documents providing for the payment of severance benefits and payroll to persons working under labor contracts, contributions to the fund (PF, HIF, FSS).Then come the payments to the budget and other funds.After that you can meet other cash requirements and write-off on the basis of documents on the calendar sequence.
Cashless payments are without cash, so they are very important to accelerate the turnover of funds.Different countries are characterized by their particular organization of non-cash operations.
Limit of cash settlements between subjects of economic life is set by the Central Bank.Payment for goods in excess of the limit under the law must be carried out in a cashless form.
banks to transfer money on behalf of their clients, using different calculations: through correspondent accounts of interbranch settlements, with payment settlement systems.Standards and rules of engagement with non-cash money set by the Central Bank.
conduct non-cash payments, and can be made by credit card.
advantages of such calculations is the ability to control the movement of funds, the expansion of the banking system and credit opportunities, accelerate the turnover of material resources and funds.
Today in Russia there was already a stable system of non-cash payments, which is a set of methods of implementation of non-cash circulation in the country.
