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MIL OSI Translation. Region: Russian Federation –

The pilot program participants will be able to count on monetary support, maintenance, settlement and currency accounts and foreign exchange control within three months.

Entrepreneurs who sell their products abroad will be able to receive a range of services to support foreign exchange transactions. This was possible thanks to the agreement of the Moscow export centre (YEC) with the Bank Point branch of the Bank “OTKRITIE”. In the framework of the pilot project of capital of exporters will be available full currency support, maintenance, settlement and currency accounts and foreign exchange control within three months.

“The correct conduct foreign exchange operations and compliance with governing this process rules is one of the most difficult stages in the conduct of foreign economic activity associated with a significant financial risk. In the framework of the signed agreement capital exporters will be able to receive free comprehensive solution to this issue, becoming clients of the Bank-partner”, — said the head of the

Department of entrepreneurship and innovative development of Moscow Alexei Fursin.

Under the agreement customers of the Bank, among export-oriented companies can use financial and non-financial support measures of the Moscow export centre when entering foreign markets. Entrepreneurs who open a current account before 30 June, will provide free service for three months. For the same period, the Bank donated will provide a range of services for full exchange support and control of the account including services of a personal currency assistant. Specialist will fill out all the necessary information will put the contract on record, warning of possible risks potential violations and will help to prevent them.

To take part in pilot programs existing exporters of goods, concluded in the last 12 months at least one contract for the supply of products abroad. The company must be registered in Moscow and pay taxes in the capital budget for at least six months. Become more familiar with the music on special page.

Moscow export center established by the Government of Moscow. He works with entrepreneurs in the field of financial and non-financial measures of support and promotion of capital goods producers to foreign markets. Key tasks of METS increased number of the Moscow exporters and realization of projects for the effective development of their foreign economic activities.

EDITOR’S NOTE: This article is a translation. Apologies should the grammar and or sentence structure will not be perfect.

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