Account relation establishment
(Updated at 15:14, 11/8/2010)
Account relation establishment is carried out when a bank gets SWIFTKEY with Agribank, and wants to open account at Agribank (or vice versa).

Type of account: 2 types:

 

-          Nostro: Account of Agribank with other bank.

-          Vostro: Account of a bank with Agribank.

 

Transaction method:

 

-          Customer sends to Agribank an account opening application together with a draft contract (including: conditions, obligations and benefits of related parties, etc.).


Benefit:

 

-          Serving payment activities of deposit, venture capital, foreign currency trading between banks by providing credit to each other through accounts

 

Fees:

 

-          Account opening: Free

-          Statement: Free

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