How to get a bank license

The activities of any bank are carried out after obtaining a license. It applies to the management of customer and correspondent bank accounts, the financing of capital investments, the issuance of securities, the issuance of guarantees and sureties, trust operations, the provision of advisory services, etc. The license is issued by the Bank of Russia, it is he who gives permission to conduct banking operations.

Instruction manual

1

To obtain and register a banking license, you need to write a statement to the head of the Bank of Russia indicating the address of the executive body of your organization and attach to it: - a memorandum of association; - charter; - protocol of the meeting of founders; - business plan approved by the meeting of founders; - documents on payment of state duties; - documents on state registration of founders; - documents confirming the sources of funds contributed to the authorized capital of the bank; - questionnaires of candidates for managerial positions of Tell, his deputy and chief accountant banka.Ukazannye document is provided in the script or make them notarized copies. You can submit a package of documents to the Territorial Administration of the Central Bank at the location of the future bank.

2

In addition to the above list of documents, you need to provide information confirming the ownership of at least one of the founders in the building in which the bank will be located, or an obligation to lease it. Also, they will require a list of persons on the board of directors.

3

After submitting to the Territorial Administration of all the listed documents, you will be given a receipt in their receipt. Consideration of the application lasts for three months. If there are any comments on the submitted documents, they will be sent to the founders. Corrected documents will be considered newly received.

4

If there are no comments, the Territorial Administration sends its positive opinion to the central office of the Bank of Russia. It contains complete information, on the basis of which it was concluded that it is possible to register a bank and issue a license to it. A package of documents submitted by the founders of the bank being created is attached to the conclusion.

5

Within six months, your documents will be considered by the Bank of Russia. When making a positive decision, he sends to the authorized body information on entering information into the unified state register of legal entities on the creation of a new bank and notifies its founders about it. After that, he signs a certificate of registration of the bank and agrees candidates for the positions of managers.

6

You just have to pay the authorized capital of the bank, which will be the basis for issuing a license for banking operations. Having received the opinion of its Territorial Administration on the legality of payment of the entire authorized capital, the Bank of Russia decides to issue a license and sends two copies to the Territorial Administration, one of which is transferred to the chairman of the bank’s council.