Starting this week, Banca Românească has made available to its legal entities clients the special account dedicated to VAT management, according to EO 23/2017 regulations, applicable at present.

For this product from Banca Românească portfolio, the management / inactivity commission does not apply. The commission applied to the intra/inter-bank transactions made in this account is the standard one, according to the list of commissions related to SBB, Large Corporate and Commercial clients.

The VAT account is available for RON, EUR, USD and it is opened by using the same flow as for the standard current accounts and may be also activated and used through Internet Banking.

The special account dedicated to VAT management from Banca Românească allows cash depositing, intra and inter-bank crediting, intra and inter-bank payments, transfers between own accounts. This account does not allow cash withdrawals or attached card.