A foreign currency account for payment operations may be opened by resident and nonresident legal entities in the Head Office and all branches of the Bank without any charges.
DOMESTIC LEGAL ENTITY – RESIDENT
The following documentation is required for a domestic legal entity to open a foreign currency account:
- The following documentation is required for a domestic legal entity to open a foreign currency account:
- Decision or Current State provided by the Trade Register (original or notarized copy) dated not later than 3 months. The Bank mandatory retains the copy of the documentation presented.
- Original or notarized copy of ZP Form of verified signature of the legal entity duly authorized representative (manager, director, president)
- Copies of valid biometric ID cards of the duly authorized representative and signatories of the assets or copy of a biometric passport.
- 2 counterparts of the Agreement for opening a foreign currency account – provided by the Bank
- Authorized Signatory Card, to be signed in the Bank
- Application for opening a foreign currency account – provided by the Bank
- Application for identification/updating a client – legal entity with completed all mandatory data, including the actual owner – original, signed by the legal representative.
- FATCA Questionnaire for client – legal entities
Electronic forms download
- Application for Opening a Foreign Currency Account
- Agreement for Opening a Foreign Currency Account
- Authorized Signatory Card
- Tariff
FOREIGN LEGAL ENTITY – NONRESIDENT
The following documentation is required for a foreign legal entity to open a foreign currency account:
- For the legal entity and its legal representative – extract from the Trade Register or another register where legal entities are recorded in the country in which the entity is registered, dated not later than three months where its date of incorporation, name, address, seat and business are indicated.
- For persons authorized to handle the accounts – personal document and written authorization signed by a legal representative.
Nonresident – legal entity completes, signs and verifies the following forms provided by the Bank:
- Application for opening a foreign currency account,
- Agreement for opening a foreign currency account – two counterparts,
- Authorized Signatory Card – two copies,
- Authorization for the signatories,
- Application for identification/updating a client – legal entity with completed all mandatory data, including the actual owner – original, with notarized statement provided by the actual owner.
- FATCA Questionnaire for client – legal entities
Electronic forms download
- Application for Opening a Foreign Currency Account
- Agreement for Opening a Foreign Currency Account
- Application for identification/update of a client – legal entity
- Authorized Signatory Card
- Tariff
For receiving foreign exchange inflow, the following data has to be provided to the sender:
- Company name and address
- IBAN Code of the transaction account opened in the Bank
- Data of Stopanska banka a.d. Bitola:
STOPANSKA BANKA a.d.BITOLA
Dobrivoje Radosavljevik 21 1000, Bitola, R.Macedonia
SWIFT Code. STBBMK22
- For payment received from a nonresident, the Bank notifies the user of the inflow not later than the following banking day.
- The user of the payment shall be obliged to submit to the Bank Form 743, completed in Part II and appropriate documentation within 5 (five) banking days as of the receipt of the notification.
- Upon completion of the documentation, the Bank approves the payment in the user’s foreign currency account the same or on the following day the latest.
A foreign legal entity – nonresident may receive unlimited amount of funds from abroad.
The following data are to be submitted for international payment:
- Name and address of the natural or legal person user of the payment
- IBAN Code i.e. account number
- Name and address of the bank of the funds user
- SWIFT Code of the bank
- Document certifying the basis for paymentThe legal entity – performing remittance payment to a nonresident has to submit to the Bank duly documentation.
Foreign legal entities – nonresidents may transfer unlimited amount of funds from abroad and withdraw effective foreign currency funds
The Bank will execute the payment order 1450 at the earliest possible opportunity.
LIST OF FORREIGN CORRESPONDENT BANKS
Our bank: STOPANSKA BANKA a.d. BITOLA
Address: 21 Dobrivoe Radosavljevik Str. 7000 Bitola, Republic of Macedonia
Our SWIFT Code: STBBMK22.