Clients - non-residents of the Russian Federation make transfers in foreign currency without restrictions.

Requirements for residents of the Russian Federation

Transfers by residents of the Russian Federation in foreign currency, as well as transfers in Russian rubles with the participation of non-residents of the Russian Federation, are subject to exchange control.

In accordance with currency legislation:

• transfers by a resident of the Russian Federation when making a payment in favor of a non-resident of the Russian Federation both in rubles and in foreign currency are carried out without restrictions;
• transfers in foreign currency between residents of the Russian Federation are prohibited, with the exception of the operations listed in Article 9, Part 6 of Art. 12, parts 3 art. 14 of the Federal Law of December 10, 2003 No. 173-FZ “On Currency Regulation and Currency Control,” including between close relatives ().
• transfers by a resident of the Russian Federation from Russian Federation in favor of other resident individuals to their accounts opened in banks located outside the territory of the Russian Federation cannot exceed the equivalent of 5,000 US dollars at the official rate established by the Central Bank of the Russian Federation on the date of write-off Money from the account of an individual - a resident of the Russian Federation on one transaction day.

When drawing up a payment document, the absence in the “payment purpose” field of information that allows you to determine the economic meaning of the currency transaction, and/or documents and information, as well as links to these documents in settlement document is a basis for refusal to carry out a currency transaction. When making a transfer for a third party, in the “Purpose of payment” field, in addition to other information, the full name of the person for whom the transfer is being made must be indicated.

The requirement to provide supporting documents applies to currency transactions related to transfers:

• in favor of legal entities - non-residents of the Russian Federation for an amount equal to or exceeding in ruble equivalent 600,000 rubles on the date of payment;

  For settlements with non-residents of the Russian Federation - legal entities for an amount equal to or exceeding 600,000 rubles in ruble equivalent on the date of payment, it is necessary to provide supporting documents for the transfer. Such documents may be:
  agreements (contracts);
  invoices (bills, invoices, etc.);
  correspondence with the payer by e-mail or paper media;
  other documents provided for in Article 23 Federal Law No. 173-FZ, on the basis of which foreign exchange transactions are carried out.

• in favor of individuals - non-residents of the Russian Federation in an amount exceeding the equivalent of 5,000 US dollars at the Bank of Russia exchange rate on the date of payment;

  When making settlements with non-residents of the Russian Federation - individuals for an amount exceeding the equivalent of 5,000 US dollars on the date of payment, it is necessary to provide information on confirmation of the currency and accounting status of the recipient (non-resident of the Russian Federation) of the funds and the content of the transaction. Information can be provided in any form, including indicated in the “payment purpose” field of the submitted payment document (for example, “ Material aid non-resident of the Russian Federation").

• in favor of individuals - residents of the Russian Federation, who are spouses or close relatives of the client, to the accounts of these persons opened in banks located on the territory of the Russian Federation - regardless of the amount of the transfer;
  List necessary documents see next paragraph.


• in favor of individuals - residents of the Russian Federation, who are spouses or close relatives of the client, to the accounts of these persons opened in banks located outside the territory of the Russian Federation, if the transfer amount exceeds the equivalent of 5,000 US dollars at the Bank of Russia exchange rate on the date of payment;

  When making payments between spouses or close relatives (relatives in a direct ascending and descending line - parents and children, grandparents and grandchildren), full and half-siblings (having a common father or mother) brothers and sisters, adoptive parents and adopted children, the following documents may be provided: confirming relationship:
  certificates issued by civil registry authorities (marriage, birth, etc.);
  court decisions;
  identity documents containing records of children and spouses;
  other documents provided for by the legislation of the Russian Federation.
  Directive of the Bank of Russia dated July 20, 2007 No. 1868-U “On the provision by resident individuals to authorized banks of documents related to certain currency transactions”

Currency payments at a client bank - instructions Each bank, as a rule, has its own nuances. However, the general stages of the process of creating a payment order in foreign currency are similar. Read about how to create a currency order in the material.

Basic concepts and definitions

In order to understand the additional (compared to a “regular” payment order) fields in a foreign currency payment order, you should study a little the technique of international transfers. After all, we almost always pay foreign counterparties in foreign currency. Currency payments with resident partners are prohibited by law, with rare exceptions (Article 9 of the Law of December 10, 2003 No. 173-FZ “On Currency Control”).

Read more about settlements with non-residents: .

International transfers require slightly more information than domestic transactions. It is most appropriate to give their names (designations) and decipher the essence a little so that it is clear why separate fields in the currency order are dedicated to them.

SWIFT is an international banking association. Banks servicing international payments register with SWIFT and receive an individual identifier code with the same name. Indicating the SWIFT code in the payment order allows you to clearly identify the bank to which the payment goes. Actually, the SWIFT code is an 11-digit electronic “address” of the bank in the SWIFT system.

BIC code is the same as SWIFT. The name is used from the ISO 9362 standard, which regulates methods for identifying participants in financial transactions.

BEI code is also an identifier in SWIFT, but not of a bank, but of a corporate client of this bank. The bank can register its clients in the SWIFT system to increase the speed and accuracy of settlements. The BEI code also helps ensure that the payment sent goes to its destination.

Bank clearing code is also a bank identifier, but not in SWIFT, but in national clearing systems.

IBAN is another practically complex identifier: it identifies the bank (branch) and the client’s account number in international format(ISO 13616 standard).

ISO code - part of the ISO 3166-1 standard contains codes for the names of countries and subordinate territories. Used to indicate in payment document addresses.

IMPORTANT! There are other similar encodings. For banking purposes you need to use exactlyISO 3166-1.

Address - any address is indicated in the sequence: street, house number, city, district, postal code, country (can be ISO code). This is an international format.

The beneficiary is the one to whom we pay.

Intermediary bank (correspondent bank) - indicated if the beneficiary's bank directly holds an account in the corresponding currency with another bank (intermediary).

Thus, technically, the process of creating a correct payment order in currency is the correct indication of all identifiers of the payee and his bank.

There are several more pitfalls along the way of performing international translation, which are also worth dwelling on in more detail:

• Prohibited SWIFT characters - the settings of this system do not allow characters to pass through

№ % # $ & @ ” = \ { } ; * « » ! _ < >

In addition, the system automatically replaces them with valid ones. Thus, the sequence of characters in the identifiers may be broken and an error may occur.

• Customer identification information - necessary information required to a Russian bank according to the provisions of the law of 07.08.2001 No. 115-FZ. Without specifying information about the client, as well as providing information on additional requests, the bank may simply not execute the payment.

• Bank blacklist is a directory that contains information about persons, organizations, states and territories of registration (incorporation) in respect of which there are restrictions on Bank operations or transactions that should be considered questionable. For clients who are somehow blacklisted, transactions may be difficult or even impossible.

Creating a transfer order in foreign currency - step-by-step instructions

Having understood the technology and the nuances of processing a transfer, let’s consider the process of creating a currency order (instruction) step by step:

1. We go to the client bank and select the options “Documents” - “Currency orders” - “Create payment order" Interfaces may differ slightly in different client banks, but the standard path to creating payment documents usually goes through the “Documents” (or “Payment Documents”) menu. In this case, the number and date of the order are usually assigned automatically. Some systems may offer to choose whether the payment will go to another bank customer or to another bank. To create the transfer in question, you need to select another bank. Usually at this stage the transaction parameter is indicated - retention bank commissions for the translation. To do this, you need to select the appropriate value in the corresponding field in the drop-down list. Based on the available list, it will be clear which commissions can be deducted and how they can be withheld; in addition, the options can be clarified with the bank, so we will not dwell on this point in detail in the format of an article.
2. In the appropriate fields, indicate the currency code and payment amount. In some cases, a simultaneous conversion option is available. For example, if the payer has money in rubles, and the payment must be made in dollars, you can mark “I agree with the conversion rate.” The bank, executing the order, converts the funds into the required currency.
3. In the field for specifying the write-off account, select the corresponding client account. In this case, the remaining details are entered automatically from the information stored in the system. Usually at this stage the document also includes those details that the bank requires to comply with the provisions of Law No. 115-FZ. In addition, the SWIFT code of the payer’s bank is usually automatically entered (if you select a transfer to another bank in step 1).
4. We indicate in a separate field the SWIFT code of the intermediary bank (if it is in the details provided by the counterparty). Next, the system itself will find all the other necessary information about the bank using the code. The same will happen if you indicate the clearing code instead of SWIFT (there is a separate field for this). If there is neither one nor the other, all fields will have to be filled in manually: address, bank name, city, country. Some client banking systems may return a payment without an identification code “to clarify the details.”

IMPORTANT! ANDSWIFT, and clearing code are selected from international directories. That is, next to the code field there should be an icon for a drop-down list of banks with codes.

1. We indicate the details of the beneficiary's bank in separate fields (similar to the intermediary bank).
2. In the appropriate fields we indicate the details of the payment recipient. All suggested fields must be completed. If there are IBAN and BEI codes, we start with them. It is possible that the fields “Recipient Name”, “City” and “Country” will be pulled up from the directories themselves.
3. Fill in the “Purpose of payment” field. For international transfers - Latin. The use of English standardized code words is permitted.

NOTE! In some systems (for example, Sberbank), information about transfer fees is included in the payment order after specifying the purpose of the payment (and not in the first steps, as is standardly presented above).

1. Next, fill in the fields required for Russian exchange control: for example, transaction passport.

NOTE! To include a transaction passport in an order, as a rule, it should first be separately entered into the client bank in the “Documents” section. Then, when generating a payment, a drop-down list with information about the passports available in the system will appear in the “Passport” field. Accordingly, all that remains is to choose the one you need.

1. We save the currency payment order (the “Save” button). At this stage, the system will conduct a preliminary check and issue comments in case of errors. The saved document can be signed and sent for execution.

Results

Generating a foreign currency payment order in a client bank requires fulfilling some additional rules and entering a larger amount of information than when preparing a regular payment order.

For creating a currency transfer through the Sberbank Business Online system:

1. In the currency transfer list form, click the toolbar button.
2. A window will open Currency transfer order.

   

   A number of fields in the window will already be filled in by the Sberbank Business Online system. Fields with a white background must be filled in or edited manually. Fields with a gray background are filled in either by the user by selecting values ​​from the list, or by the system automatically in the process of filling out document details.

   Attention!

3. Enter or edit the details values:

• section A.1 “Rules for filling out fields” – features of filling out specific fields.
• section A.2 “General requirements for filling out fields 33B, 23E, 50a, 52a, 56a, 57a, 59a, 70, 71A, 72, 77B of a currency transfer order” – requirements and rules for describing the format of the fields that are common to a number of basic fields.

A. Fill out the main fields of the document in the open tab Basic fields window Currency transfer order.

a. Enter or edit details values instructions for currency transfer :

1. In field Number change the document number if necessary. By default, the system numbers documents in the order they were created during the calendar year.

   Attention! When saving a document, the system checks whether the document number is duplicated. If a copy of the same document with the same number has already been saved in the system this year, the document being generated will be saved with the next larger free number, and a message will be displayed about the new number.

2. In field date change the date of the document if necessary. By default, the field is filled with the current date.
3. In field Payment sent enter the value:
   • “inside” – when transferring funds to an account opened in the same bank;
   • “outside” – when transferring funds to an account opened in another bank.

   Note:

   • When specifying the value “outside”, filling in the field becomes available (see clause 3.a.C.4).
   • When specifying the value “inside” in the Option field of block 50a: PAYER CLIENT, the value “Option K” is indicated.

4. Fill in the field if necessary Urgency(see also section A.1.1 “Field Urgency”, Appendix A “Procedure for filling out payment order details for transferring funds in foreign currency”).
5. Field IN is filled out automatically by the Sberbank Business Online system, indicating the name of the bank division to which the order is sent.

b. In block 50a: PAYER CLIENT, enter or edit the values ​​of the payer’s details (see also section A.1.4 “Field 50a Payer Client”, Appendix A “Procedure for filling out payment order details for transferring funds in foreign currency”):

• Fields Name And TIN/KIO are filled in automatically by the Sberbank Business Online system.
• In field Account No. (payer account) indicate the payer's foreign currency account number.
• The first field (currency code) and the third field of the block Write-off amount will be filled with the code and currency designation respectively.
• Fields Country, City and Address are filled in automatically. If there are no values, indicate the country, city and address of the payer in the appropriate fields.

c. In the block 33B: amount and currency enter or edit the values ​​of the amount and currency of the transfer (see also section A.1.2 “Field 33B Amount and currency” Appendix A “Procedure for filling out payment order details for transferring funds in foreign currency”):

• In field Write-off amount block, indicate the amount of the amount to be written off.
• If conversion is necessary:

• If you refuse the conversion, clear the field. Multi currency transfer . Block fields Transfer amount, will be filled in automatically.
• If the currency of the beneficiary's account is different from the currency of the debited or converted amount, fill in the field The payment currency is different from the beneficiary's account currency.

Note: When specifying the difference between the currency of the transferred amount and the beneficiary’s account currency, the system automatically fills in field 72: additional information accompanying instructions.

d. In the block 59a: CLIENT-BENEFICIARY enter the values ​​of the recipient’s details in one of the following ways (see A.1.8 “Field 59a Client-beneficiary”, Appendix A “Procedure for filling out payment order details for transferring funds in foreign currency”):

• If the recipient's information has previously been entered into directory of beneficiaries:
  • Select the required beneficiary record directory of beneficiaries.
  • The Name, Account No., Country, City, Address fields will be filled with values ​​from the directory.
  • If the beneficiary is registered in the Russian Federation, fill in the TIN field.
• If the beneficiary's details have not previously been entered into the directory of beneficiaries (new beneficiary), enter the beneficiary's details manually:
  • In field Name indicate the name of the beneficiary organization.
  • If the beneficiary is registered in the Russian Federation, fill in the field TIN.
  • In field BEI code(SWIFT code) from the directory of international banks, enter the BEI code (SWIFT code) of the beneficiary's bank.
  • In field Account No.(Beneficiary Account) Enter the beneficiary account number.
  • In field A country from the country directory, indicate the country in which the beneficiary is registered.
  • In the fields City and Address indicate accordingly the city and address where the beneficiary is registered.

e. In the block 23E: INSTRUCTION CODE create a list of instructions for field 23E in accordance with the instructions. “Creating and viewing nested lists” (see also section A.1.3 “Field 23E Instruction code”, Appendix A “Procedure for filling out payment order details for transferring funds in foreign currency”). When creating/editing instruction records:

B. Go to the tab Transfer details window Currency transfer order to indicate the details of the beneficiary's bank and other document details.

a. If the values ​​of the beneficiary details were filled in from the directory of beneficiaries (see clause 3.a.D), the block fields 57a: BENEFICIARY BANK And 56a: INTERMEDIATE BANK can be filled with values ​​from the directory.

Specify / edit the details of the bank serving the beneficiary (see also section A.1.7 “Field 57a Beneficiary’s bank”, Appendix A “Procedure for filling out payment order details for transferring funds in foreign currency”), and the intermediary bank (see also Section A.1.6 “Field 56a Intermediary Bank”, Appendix A “Procedure for filling out payment order details for transferring funds in foreign currency”) in one of the following ways:

• If the SWIFT code of the beneficiary's bank is known:
  • Select from the drop-down list located in block 57a: BENEFICIARY BANK, value “Option A”.
  • In the block SWIFT code field, enter the value of the beneficiary's bank SWIFT code from the directory of international banks.
• If the bank's SWIFT code is missing:
  • In field Clergy. code
  • In field Name
  • In field City
  • In field A country
• If there is no SWIFT code and clearing code:
  • Select from the drop-down list located in block 57a: BENEFICIARY BANK, value “Option D”.
  • In field Name indicate the full name of the beneficiary's bank.
  • In field cor. check indicate cor. beneficiary's bank account opened with an intermediary bank.
  • If necessary, indicate the bank address in the field of the same name.
  • In field City indicate the city in which the bank is located.
  • In field A country indicate the country of the beneficiary's bank from the country directory.
  • Enter the details of the intermediary bank:
  • If you know the SWIFT code of the intermediary bank:

    a. Select from the drop-down list located in block 56a: INTERMEDIARY BANK, value “Option A”.
    b. In the SWIFT code field, enter the SWIFT code of the intermediary bank from the directory of international banks.

  • If you do not have a SWIFT code:

  a. Select from the drop-down list located in block 56a: INTERMEDIATE BANK, value “Option D”.
  b. In field Clergy. code indicate the clearing code from the directory of national clearing codes.
  c. In field Name
  d. In field City indicate the city in which the bank is located.
  e. In field A country indicate the country of the intermediary bank from the country directory.

  • If there is no SWIFT code and clearing code:

  a. Select from the drop-down list located in block 56a: INTERMEDIATE BANK, value “Option D”.
  b. In field Name indicate the full name of the intermediary bank.
  c. If necessary, indicate the bank address in the field of the same name.
  d. In field City indicate the city in which the bank is located.
  e. In field A country indicate the country of the beneficiary's bank from the country directory.

b. In field 70: PURPOSE OF PAYMENT indicate the purpose of the payment (see also section A.1.9 “Field 70 Purpose of payment”, Appendix A “Procedure for filling out payment order details for transferring funds in foreign currency”):

1. If the template directory for field 70 contains the necessary entry about the purpose of payment:

   a. Select the required entry from the directory.
   b. Field 70: PURPOSE OF PAYMENT will be filled with the value from the directory.

2. Fill in/edit the payment purpose manually. If necessary, you can use the values ​​of the field 70 code word directory and the payment purpose directory (the values ​​will be inserted into the cursor position).

c. If it was previously indicated that the currency of the beneficiary's account is different from the currency of the transferred amount (see clause 3.a.C.4), field 72: ADDITIONAL INFORMATION can be filled in. Fill in / edit additional information manually (see also section A.1.11 “Field 72 Additional information”, Appendix A “Procedure for filling out payment order details for transferring funds in foreign currency”). If necessary, you can use the values ​​of the field 72 code word directory and the payee information directory.

C. Fill in the information about the method of payment for the commission and the person authorized to resolve issues regarding the transaction:

a. Go to tab Commissions, Additional window Currency transfer order.

b. In the block 71A: FEES AND EXPENSES indicate the method for writing off the commission (see also section A.1.10 “Field 71A Commissions and expenses”, Appendix A “Procedure for filling out payment order details for transferring funds in foreign currency”):

• If expenses are paid by the beneficiary, fill in the BEN field.
• If expenses are paid by both parties, fill in the SHA field.
• If the costs are paid by the payer, fill in the OUR field.

c. In field 77B: INFORMATION FOR REGULATORY AUTHORITIES enter the data intended for regulatory authorities, manually or from the reference book of code words in field 77B (see also section A.1.12 “Field 77B Information for regulatory authorities”, appendix A “Procedure for filling out payment order details for transferring funds in foreign currency”) .
d. In the fields Full name And Telephone block Person authorized to resolve issues related to the transaction indicate the full name and telephone number of the authorized person from the directory of responsible persons or manually.
e. In the block Paid taxes indicate the details of the payment order (number, date, amount, etc.) for payment of VAT when paying for services.

D. If a debit payment order is sent for payment on account targeted loan, in a block to indicate additional details In the same tab, enter information about the loan:

a. Fill in the selection field Target order(The remaining fields of the tab will become available for completion).
b. If necessary, fill in the selection field Use your own funds.
c. In field Number loan agreement indicate the number of the corresponding agreement.

E. Indicate the data necessary for the document to pass currency control:

a. Go to tab Currency control window Currency transfer order.

b. Attach a certificate to the order foreign exchange transactions in one of the following ways:

Attention! All investments necessary to carry out a currency transfer operation must be linked to a certificate of currency transactions (the creation of a certificate of currency transactions is described in the section “”), and not to an order for a currency transfer.

1. It is possible to view attachments linked to orders for currency transfers of the old version.
2. Check the document before saving (see “Creating / viewing documents and templates”, tool “Checking the correctness of filling in document details”).

Attention! Save the document. When saving a currency transfer order, the presence of a certificate of currency transactions associated with the order will be checked. If it is missing, a certificate will be created automatically. This will provide a window Certificate of foreign exchange transactions

(creating a certificate of currency transactions is described in the section “Creating a certificate of currency transactions (138-I)”), the parameters of the certificate will be filled in with the corresponding values ​​of the currency transfer order.

E.O. Kalinchenko, economist-accountant

Foreign trade activities: currency control documents for the bank

What documents and within what time frame should residents who have entered into a contract with a non-resident submit to the bank?

Non-residents for exchange control purposes- this is, in particular, clause 7, part 1, art. 1 of Law No. 173-FZ of December 10, 2003 (hereinafter referred to as Law No. 173-FZ):

• organizations created in accordance with the laws of foreign states and located outside our country;
• branches (permanent representative offices) of these organizations located on the territory of Russia;
• individuals who are not citizens of our country (with the exception of those permanently residing with us foreign citizens(stateless persons) with a residence permit);
• Russian citizens who have been in a foreign country for at least 1 year:

• permanently reside;
• are temporarily staying on the basis of at least a one-year work or study visa (combined with a total validity of at least 1 year).

Transaction passport

As soon as you have entered into a contract with a non-resident, the first thing you need to do within the framework of bank exchange control is to determine whether you need to issue a transaction passport or not.

If the amount of your contract with a non-resident is equal to the equivalent of 50 thousand US dollars at the rate established by the Central Bank of the Russian Federation on the date of conclusion of the contract, or exceeds this value, you need to issue a transaction passport in authorized bank, through which settlements under the contract will take place pp. 5.2, 6.1 Central Bank Instructions No. 138-I dated 06/04/2012 (hereinafter referred to as Instruction No. 138-I). And in a situation where all payments will go through accounts in foreign banks, you will have to issue a transaction passport at the territorial branch of the Central Bank according to your legal address at clause 11.1 of Instruction No. 138-I. Looking ahead, we will say that in the future it will be necessary to submit currency control certificates there as well. clause 11.5 of Instruction No. 138-I. If payments are only partially made through foreign accounts, then the transaction passport must be opened at an authorized bank and reported to it pp. 11.2, 11.10 Instructions No. 138-I.

More information about the registration, re-registration and closure of transaction passports is written:

It happens that on the date of conclusion of the contract a transaction passport is not required, since the amount of obligations is less than 50 thousand US dollars in equivalent. However, in the future, the liabilities increase (their total amount becomes equal to 50 thousand dollars in equivalent or more). And you already need to issue a transaction passport. This must be done no later than the date when the amount of obligations under the contract exceeds the amounts specified above. clause 6.5.3 of Instruction No. 138-I. Therefore, if you expect such a development of events, you can submit to the bank the documents necessary to obtain a transaction passport in advance. clause 1 of the Central Bank Information Letter dated 05/07/2014 No. 44.

The deadline within which a transaction passport must be issued depends on which operation will be the first under the contract. IN general cases You must issue a transaction passport within the time limits indicated in the table.

First operation under a contract with a non-resident	Deadline for submitting documents to obtain a transaction passport
Payment to Bank account foreign currency(rubles) clause 6.5.1 of Instruction No. 138-I	No later than 15 working days from the date of receipt of money into the account pp. 2.3, 3.8 Instructions No. 138-I
Debiting foreign currency from an account (rubles) clause 6.5.2 of Instruction No. 138-I	Simultaneously with an order for currency transfer or a payment document pp. 2.3, 3.8 Instructions No. 138-I
Import into Russia (export from Russia) of declared goods in clause 6.5.4 of Instruction No. 138-I	No later than the date of submission of the goods declaration (documents used as a declaration)
Import into Russia (export from Russia) of undeclared goods in pp. 6.5.5, 9.1.2 Instructions No. 138-I	No later than 15 working days after the month of registration of shipping and commercial documents in pp. 9.1.2, 9.2.2, 9.3 Instructions No. 138-I
Performance of work, provision of services, transfer of information and results of intellectual activity clause 6.5.6 of Instruction No. 138-I	pp. 9.1.3, 9.2.2, 9.3 Instructions No. 138-I

To obtain a transaction passport, you need to submit an agreement or an extract from it to the bank clause 6.6.2 of Instruction No. 138-I. But the conclusion of an agreement does not always involve the drawing up of one document signed by the parties. You could conclude a foreign economic contract by exchanging, say, telefaxes or electronic documents(allowing us to reliably establish that the document comes from counterparty a) clause 1 art. 160, Art. 434 Civil Code of the Russian Federation. Also, the contract will be considered concluded (in writing) if, having received a written offer from the counterparty, you agree and, say, ship the goods or transfer money and clause 3 art. 438 Civil Code of the Russian Federation. As the Central Bank explained, in this case you need to submit to the authorized bank the documents that you exchanged with your foreign partner Methodological recommendations of the Central Bank dated June 15, 2015 No. 14-MR. For example, a letter received by fax from a foreign counterparty requesting delivery and the original of your reply invoice sent to the partner by fax. Or upon acceptance by action - an invoice for the shipment of goods. The main thing is that the documents that you exchanged with the counterparty contain everything essential conditions agreements necessary for currency control. In particular, the subject of the contract (name of the goods supplied, description of the services provided, etc.), the price of the contract, the deadlines for the parties to fulfill their obligations.

The bank has 3 working days to review the submitted documents and make a decision. If the bank discovers any errors in the transaction passport form you filled out, inconsistencies with the data of the submitted documents, or the absence of any necessary papers, it will return the submitted documents to you to eliminate the shortcomings. pp. 6.9, 6.10 Instructions No. 138-I. At the same time, the documents for issuing a transaction passport are considered submitted in compliance with the deadline only if the bank accepted them within this established period and issued a transaction passport - signed the form you filled out, assigned a number and marked the registration date clause 6.7 of Instruction No. 138-I.

You must contact the bank to obtain a transaction passport in advance. Ideally, immediately after the conclusion of the contract.

“Currency control” communication with the bank is not limited to merely issuing a transaction passport. For further transactions under the contract, you will have to report to the bank.

Reporting on foreign exchange transactions for the bank

You need to report to the bank not only for operations related to settlements under a contract with a non-resident. The need to submit documents to the bank may arise, say, during the import/export of goods, or during the provision (performance of work). For your convenience, we have provided all the information about in what cases, what documents and within what time frame you need to submit to the bank in the table.

Operation	When do you need to report to the bank?	Documents submitted to the bank	Deadline for submitting documents
Operations related to monetary settlements under the contract
Receipt of foreign currency to the transit account clause 2.1 of Instruction No. 138-I	Always. clause 2.4 of Instruction No. 138-I	Appendix 1 to Instruction No. 138-I. 2. Documents related to the currency transaction, for example, agreements, invoices, acts Part 4 Art. 23 of Law No. 173-FZ. In the certificate of foreign exchange transactions that you submit in connection with the receipt of foreign currency, you can also indicate information about the debiting of the money received from the transit foreign currency account. clause 2.1 of Instruction No. 138-I	No later than 15 working days from the date of receipt of currency to the transit account clause 2.3 of Instruction No. 138-I. The bank must notify you of receipt of currency into your account no later than the next business day clause 3.1 of the Central Bank Instruction No. 111-I dated March 30, 2004
Write-off of foreign currency from account a clause 2.1 of Instruction No. 138-I	Always. With a few exceptions, for example: <или>the agreement with the bank states that the bank can fill out a certificate of foreign exchange transactions independently clause 2.4 of Instruction No. 138-I; <или>currency written off using bank card under a contract for which a transaction passport has not been issued and clause 2.5 of Instruction No. 138-I		<если>currency was written off without a bank card - simultaneously with an order to transfer currency clause 2.3 of Instruction No. 138-I; <если>currency is written off using a bank card under a contract for which a transaction passport is issued - no later than 15 working days after the month of writing off clause 2.5 of Instruction No. 138-I
Receipt of rubles to the account from a non-resident clause 3.6 of Instruction No. 138-I	clause 3.6 of Instruction No. 138-I. Exception - the agreement with the bank states that the bank can fill out a certificate of foreign exchange transactions independently clause 3.9 of Instruction No. 138-I		No later than 15 working days from the date of receipt of rubles to the account clause 3.8 of Instruction No. 138-I
Write-off of rubles in favor of a non-resident clause 3.6 of Instruction No. 138-I			<если>rubles were written off without a bank card - simultaneously with the settlement document for the currency transaction and clause 3.8 of Instruction No. 138-I; <если>rubles debited using a bank card - no later than 15 working days after the month of debiting clause 3.10 of Instruction No. 138-I
Settlements with a foreign counterparty through accounts in a non-resident bank pp. 11.5, 11.10 Instructions No. 138-I	If a transaction passport is issued under the contract and clause 2.6 of Instruction No. 138-I	1. Certificate of foreign exchange transactions x pp. 11.5, 11.10 Instructions No. 138-I. 2. Copies bank statements- only if payments under the contract only partially pass through accounts in a non-resident bank e pp. 11.2, 11.10 Instructions No. 138-I	No later than 30 working days after the month of debiting money from an account with a non-resident bank (crediting money to the account) pp. 11.5, 11.10 Instructions No. 138-I
Operations for the export of goods from Russia
Export of goods from Russia with the submission of a customs declaration clause 9.8 of Instruction No. 138-I	If: goods were exported with the condition of deferred payment clause 9.8 of Instruction No. 138-I	clause 9.8 of Instruction No. 138-I	clause 9.8 of Instruction No. 138-I
Export from Russia of goods declared by documents other than the customs declaration clause 9.1.1 of Instruction No. 138-I		pp. 9.1, 9.2 Instructions No. 138-I. clause 9.1.1 of Instruction No. 138-I; clause 4 art. 180 TK TS	clause 9.2.1 of Instruction No. 138-I
Export of goods from Russia to the EAEU countries clause 9.1.2 of Instruction No. 138-I	If a transaction passport is issued under the contract	1. Certificate of supporting documents x pp. 9.1, 9.2 Instructions No. 138-I.	clause 9.2.2 of Instruction No. 138-I. Question 6 of the Central Bank Information Letter dated January 21, 2014 No. 43
Operations for the import of goods into Russia
Import of goods into Russia with the submission of a customs declaration clause 9.8 of Instruction No. 138-I	If: a transaction passport has been issued under the contract; the exported goods were paid in advance clause 9.8 of Instruction No. 138-I	Certificate of supporting documents x clause 9.8 of Instruction No. 138-I	No later than 15 working days after the month of declaring the goods in clause 9.8 of Instruction No. 138-I
Import into Russia of goods declared by documents other than the customs declaration clause 9.1.1 of Instruction No. 138-I	If a transaction passport is issued under the contract	1. Certificate of supporting documents x pp. 9.1, 9.2 Instructions No. 138-I. 2. Documents used as declaration, for example transport documents clause 9.1.1 of Instruction No. 138-I; clause 4 art. 180 TK TS	No later than 15 working days after the month, the documents used as a declaration are marked with the date of release (conditional release). If there are several such release marks, the period is counted from the latest date clause 9.2.1 of Instruction No. 138-I
Import of goods to Russia from EAEU countries clause 9.1.2 of Instruction No. 138-I	If a transaction passport is issued under the contract	1. Certificate of supporting documents x pp. 9.1, 9.2 Instructions No. 138-I. 2. Transport (shipping), commercial documents. 3. Statistical form for recording the movement of goods in Appendix No. 1 to the Rules, approved. Government Decree No. 40 dated January 29, 2011. Information about it does not need to be indicated in the certificate of supporting documents x Question 6 of the Central Bank Information Letter dated January 21, 2014 No. 43	No later than 15 working days after the month of registration of supporting (shipping and commercial) documents in clause 9.2.2 of Instruction No. 138-I. An exception is the statistical form of accounting for the movement of goods. There is no deadline for submitting it. You will need to take the statistical form to the bank after you have completed it and submitted it to customs. Question 6 of the Central Bank Information Letter dated January 21, 2014 No. 43. Do this before closing the transaction passport
Other operations
Performance of work, provision of services, transfer of information and results of intellectual activity, including exclusive rights to them clause 9.1.3 of Instruction No. 138-I	If a transaction passport is issued under the contract. Exception - rental agreements, leasing agreements, provision of communication services or insurance in terms of periodic fixed payments clause 9.5 of Instruction No. 138-I	1. Certificate of supporting documents x pp. 9.1, 9.2 Instructions No. 138-I. 2. Supporting documents, such as acceptance certificates, invoices, license agreements clause 9.1.3 of Instruction No. 138-I; List, approved. MVES of Russia 01.07.97 No. 10-83/2508, State Customs Committee of Russia 09.07.97 No. 01-23/13044, VEK of Russia 03.07.97 No. 07-26/3628	No later than 15 working days after the month of registration of supporting documents in clause 9.2.2 of Instruction No. 138-I
Other fulfillment of obligations under the contract (for example, return of previously exported (imported) goods to) Ch. 12 Instructions No. 138-I. Having received a certificate of currency transactions (certificate of supporting documents), the bank will check whether it is drawn up correctly and whether the information specified in it (including the code of the type of currency transaction and the code of the type of supporting document) corresponds to the data of the attached documents and the information transmitted to the bank by customs clause 18.1 of Instruction No. 138-I. The bank must check the certificate of currency transactions clause 18.2 of Instruction No. 138-I: when debiting money from a current account - no later than one business day after submitting the certificate; when transferring money - no later than 3 working days from the date of submission of the certificate. And for checking the certificate of supporting documents, the bank is given the following period and clause 18.2 of Instruction No. 138-I: if the certificate is issued in relation to declared imported goods paid in advance, or exported goods for which deferred payment has been granted - no later than 10 working days from the date of submission of the certificate; in other cases - no later than 3 working days from the date of submission of the certificate. The bank will not accept the certificate if it finds any errors or inconsistencies. You will receive an incorrect certificate back indicating the date and reason for the return. pp. 18.5, 18.6 Instructions No. 138-I. On time, set by the bank, you will need to submit a new certificate of currency transactions (on supporting documents), eliminating all comments clause 18.7 of Instruction No. 138-I. Inquiries on currency transactions and supporting documents are considered submitted on time, If clause 18.9 of Instruction No. 138-I: you sent them to the bank in a timely manner; the bank verified them and accepted them. Therefore, the sooner you submit “currency” certificates to the bank, the better. There are clarifications from Rosfinnadzor, where it is stated: when certificates of currency transactions, certificates of supporting documents and the supporting documents themselves are submitted to the bank, “the period for the fulfillment of the obligation by the resident does not include the period for their verification by the authorized bank” Letter of Rosfinnadzor dated October 5, 2012 No. 43-01-06-25/4133. But arbitrage practice shows that you may still face a fine if you submit a new, correct certificate of currency transactions (on supporting documents) instead of a timely submitted but erroneous one to the bank after the expiration of the period allotted for the submission of certificates. By returning the certificate to you, the bank sets a deadline for correcting the shortcomings and submitting a new certificate. But, according to some courts, the bank’s instructions do not in any way affect the deadline set for submitting the right to Resolution 1 of the AAS dated March 30, 2015 No. A43-21628/2014. With regard to submitted certificates of currency transactions and supporting documents, one cannot be guided by the “submit and forget” principle. After all, if the information provided in these certificates changes (with the exception of changes in data about the resident or authorized bank), you will need to submit a corrective certificate. This must be done no later than 15 working days after the date of execution of documents confirming the changes. These documents will need to be submitted to the bank along with a certificate pp. 2.9, 3.15, 9.7 Instructions No. 138-I. You can agree with the bank that, based on the documents you submit, the bank itself will issue pp. 2.4, 3.9, 6.3, 9.4 Instructions No. 138-I: transaction passport; certificates of currency transactions; certificates of supporting documents. These services, of course, are paid. Check with your bank for rates. You may prefer to pay an amount within 5,000 rubles. for issuing a transaction passport (within 1,500 rubles for issuing certificates), rather than doing it yourself. But keep in mind that you will still need to understand the rules for issuing transaction passports and certificates. After all, the bank’s preparation of these documents does not relieve you of responsibility for their correct content and compliance with deadlines! If you don't submit to the bank necessary documents on time, then the bank will not be able to issue a transaction passport or certificate in a timely manner. After the bank fills out the transaction passport (or certificate), you will need to check this document. And if you find errors and inaccuracies, you must submit an application to the bank for its re-issuance (or a corrective certificate) within 15 working days after the date of receipt of the transaction passport (certificate) pp. 2.10, 3.9, 6.11, 9.4 Instructions No. 138-I.

Foreign exchange payments in rubles and in foreign currency have a number of nuances and difficulties. This is especially true if the payment is made using special program"Client-bank". Below we will consider what the features of such an operation are, and we will also analyze step-by-step instructions for action.

Currency payments: general knowledge

When making transfers between different countries, more information may be required than when making transactions within the country. That is why it is worth explaining the theoretical basis in order to better understand the sequence of actions and formulate a correct order for the transfer of money.

Here It is important to consider the following terms :

• SWIFT- association of financial institutions on international level. Credit organizations from different countries register in the system and receive an individual code (11 characters).
• BIC code- a set of numbers that is similar to regular SWIFT. When setting this code, the ISO standard is used
• BEI code- bank client identifier. By assigning this parameter, the payment goes through faster and is guaranteed to be intended.

In addition to the abbreviations mentioned above, the following may appear: IBAN (common identifier), ISO code, address, beneficiary (recipient of funds). and financial institution, acting as an intermediary (correspondent). Currency payments are carried out correctly if the money transfer order is drawn up correctly, that is, all the mentioned parameters are correctly specified.

Complexities of SQIFT payments

A number of problems may arise during transactions involving currency , among which:

• Introduction of a prohibited SWIFT symbol(for example, @, ”, =, \ and others). A detailed list is provided in software. In some cases, the program automatically replaces characters with those that are necessary.
• User identification data. Without providing such information currency payment it won't work. The bank will simply ignore the money transfer order as incorrectly filled out.
• Presence on the “black list”. SQIFT payments do not go through if the participant is in a special directory of persons subject to restrictions.

How to create a money transfer order: instructions

After reviewing the terminology, you can get to work. Step-by-step instructions involve performing the following steps:

• Log in to the “Client Bank” and go to the documents tab, and then - currency orders. Now all that remains is to create an order to transfer money. The completed document is automatically assigned a number. Here you need to select banking institution. At this stage of the foreign currency payment, it is worth finding out the size of the commission. To obtain this information, select the appropriate option from the drop-down list.

• Specify the currency code and payment amount. If you need to transfer funds to another currency, you must agree to the proposed exchange rate and conversion process. The bank executes the order and transfers the money into the required currency.