Individual entrepreneur's bank account in RUB (Russia)

Discover how to transfer funds to an individual entrepreneur's account in RUB in Russia, including the required details, minimum payout amount, and the benefits of this method.

Individual entrepreneur's bank account in RUB is a transfer of funds from one bank account to the individual entrepreneur's (IE) bank account in RUB.

Supported currencies

Russian ruble (RUB)

Please note that if the currency of your balance in Smartcat is different from the Russian ruble, then the funds will be converted to Russian ruble at Smartcat's exchange rate. Learn more about the platform rate in the article "Conversion of Balance Currency to Payment Currency".

Commission

The commission is 50 RUB, except when you have special arrangements with the customer.

You can view a list of companies that are reimbursing your commission in the My Payouts section (click on the Learn more button on your payout method).

Minimum and maximum payout amounts

From 100 RUB

Smartcat allows setting the minimum amount, starting from which the payment will be sent to you. You can learn more in the article “Minimum payout amount.”

Required details

Individual entrepreneur's full name

An individual entrepreneur beneficiary name as specified inthe bank account information

OGRNIP (Primary State Registration Number of an Individual Entrepreneur)

The main state registration number assigned by the tax authorities during the state registration as an individual entrepreneur

INN (Individual Taxpayer Number)

The taxpayer identification number, which is assigned to an individual at the time of registration as an individual entrepreneur

Business address

Beneficiary's registration address

RCBIC (Russian Central Bank Identifier Code)

Nine-digit unique code of the bank in which an individual entrepreneur beneficiary has an account

Bank name

The name of the bank where an individual entrepreneur beneficiary has an account

Branch city

The city of the bank in which an individual entrepreneur beneficiary has an account

Recipient account

Settlement account of an individual entrepreneur beneficiary

Correspondent bank account number

A set of 20 digits that identifies a specific bank branch

Advantages

  • Reliable. Bank transfers are an extremely secure way to receive money 

  • Cheap. The commission for 1 payment by wire transfer to an individual entrepreneur beneficiary account is only 50 rubles

Frequently Asked Questions

I chose this method, but the payment was rejected. Why?

Check the accuracy of the details you have specified (current account, an individual entrepreneur beneficiary name, beneficiary bank RCBIC).

I cannot find the payment. What does the payment look like on the bank statement?

The purpose of the payment looks the following way:
{VO20200} Under the Contract without a number from {the date you added payment details} on account No. {payment ID*} . Without VAT.

* Payment ID in the format PO-XXXXX-XXXXX, which you can find in the Payment History section.

The sender is Smartcat Europe BV

I received a payment. How can I get the documents that are the basis for the payment?

To receive the documents, please send us a request indicating the payment ID

For which countries is this method available?

The method is available only for receiving funds to the account of an individual entrepreneur in a bank on the territory of the Russian Federation.