Correspondent banking establishment is the start of bilateral relation between Agribank and another bank by exchanging SWIFT CODE and the legal documents aiming at serving international payment activities.
Benefits:
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To make the payment between
banks (in the same country or not) more simple, rapid and effective.
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The two banks can exchange and use
the products and services of each other for mutual benefit.
Procedure:
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Customers are request to send
Agribank a set of legal document via mail together with a copy of SWIFT MT999
requesting for exchange of SWIFTKEY and establishment of correspondent relation
with Agribank. The massage header must quote Agribank H/O’s SWIFT code. - VBAAVNVX
Legal documents:
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Operation registration.
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Business licence
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The decision to appoint the general
director, chief accountant.
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Business seal & specimen form of
authorized signatures.
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Annual report or the financial
report audited by an international auditing organization (last 3 years).
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Updated fees schedule
Fees:
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Free of charge