Cash and settlement transactions

Settlement is the most spread function rendered by the banks all over the world. Majority of the services rendered by a bank are concerned with the speed and quality of handled settlement operations. Any client, irrespective of the type of the operations handled in the Bank, uses transfers of assets.

The basis of legal entities servicing – Cash and settlement transactions - in Turonbank has been set up at the high level. Qualitative and fast servicing and extensive range of operations make up the guarantee of efficiency and reliability.

Clearing-cash servicing at the Bank meets all requirements requested by the Clients:

  • speed of carried out settlements
  • quality of rendered services
  • high level of reliability and maximum convenience for the clients

Turonbank provides a wide range of services in Cash and settlement transactions:

  1. Opening and running of the accounts in terms of national and foreign currencies;
  2. Cash services delivery and acceptance of cash money and collections);
  3. System of distant servicing;
  4. Warranty and guarantee services.

In its work with the clients, Turonbank pursues the principle of individual approach to any client; this brought in development of different tariff schedules meeting requirements of the most exigent client.

CASH AND SETTLEMENT TRANSACTIONS AND OTHER SERVICES

Servicing of the account by order of client:
For Turonbank branches (except for branches in the Tashkent City and Tashkent region)
(Note: commission rate for servicing can be reduced if allowed by the Head-office; increase of the tariff is left for manager’s discretion)
0.5% - 2% of debit turnover + monthly subscription fee of 20000 Soum
0.4% of debit turnover + monthly subscription fee of 50 000 Soum
0.3% of debit turnover + monthly subscription fee of 100 000 Soum
For branches in the Tashkent City and Tashkent region
0.5% - 2% of debit turnover + monthly subscription fee of 20 000 Soum
0.4% of debit turnover + monthly subscription fee of 50 000 Soum
0.3% of debit turnover + monthly subscription fee of 100 000 Soum
0.2% of debit turnover от + monthly subscription fee of 150 000 Soum
0.1% of debit turnover + monthly subscription fee of 300 000 Soum; tariff is fixed for the clients possessing a prime account.
VIP package1 000 000 Soum monthly subscription fee
Transfer of assets fr om one account to another account of the one client within one and the same branch of Turonbank No commission is charged
For carrying out payments400 Soum (per each electronic document)
Opening of L/C in % relation to the amount of L/C opening1%
Collections of monetary proceeds (29804)No commission is charged
Collections of clearing house checks of other banks clients (29804)No commission is charged
Registration of monetary check books10 000 Soum
Delivery of monetary assets (except for symbol. 45)No commission is charged
For symbols 451%
Acceptance of client’s clearing documents for collections (requests/claims, checks and etc.)500 Soum per each document
Issue of verified statements of client’s accountNo commission is charged
Issue of the instructions and other regulatory actsNo commission is charged
Issue of statement and answers to the enquiries upon client’s request:
In the course of transactionNo commission is charged
up to 2-year period of limitation25 000 Soum
period of lim itation over a year 50 000 Soum
Issue of duplicates upon client’s request20 000 Soum

To open a clearing account with our Bank, you must submit the following documents:

I. Resident legal entities

  1. Application for account opening
  2. Copy of the Charter (notarized)
  3. Copy of the registration certificate
  4. Three copies of notarized samples of signatures.
  5. Copies of the passports (Director, bookkeeper/ accountant)
  6. Application for link-up with Internet-banking (upon the wish of the client)
II. Individual entrepreneurs:
  1. Application for account opening
  2. Patent
  3. Three copies of notarized samples of signatures
  4. Copy of the passport
  • In case of transfer of the account from another bank, submit the package of documents from the bank.
  • In case of opening of foreign currency account preconditioned by the availability of the clearing account, submission of the above-said documents is not needed, except for the application and two copies of notarized samples of signatures.