How to find out the organization's current account by TIN: step-by-step instructions, features and recommendations

2024 Author: Howard Calhoun | [email protected]. Last modified: 2023-12-17 10:16

Every modern person who constantly or periodically applies to banking institutions for financial transactions must have a current account. It can be an individual or a legal entity. What is the advantage and necessity of this account? If you are a regular customer of the bank, then having a current account greatly simplifies and speeds up the process of customer service. If we talk about legal entities, then in order to register with the tax office, it is necessary to open a bank account. For an ordinary person, this is not necessary, but if you make financial transactions in a bank, then it is advisable to make sure that you open a current account.

What is a checking account?

Settlement account is a number that is assigned to a bank client, it is unique. If there is such an account in the bank, the client can carry out transactions at the cash desk or terminal using a card for payment orcash. Client identification occurs almost instantly. At the same time, the time for carrying out any operations in the bank is reduced.

When opening a current account, the bank often sets the main condition, which is that the funds received into the account are not a payment for a service or product, that is, they do not have a commercial nature. These are the client's own funds, which can be used by him in accordance with the terms of the agreement.

Need to have a checking account

To receive wages, scholarships, pensions and social benefits, a current account is required. A bank client may have several current accounts if he cooperates with the same financial institution, for example, to receive salaries and pensions. To do this, you need to have two completely different current accounts that are used for their intended purpose. To accumulate funds in a bank, you can also open a current account and use your funds under the conditions specified in the agreement.

For legal entities

What can legal entities use their bank account for? Any type of commercial activity is accompanied by settlements and payments of various nature. This also applies to the payment of wages to employees, various types of remuneration and bonuses, sick leave and vacation pay, as well as settlements with the tax service, pension fund, social insurance fund, and so on. All thesetransactions are carried out through the bank in which the current account is opened. And also settlements with counterparties, making payments on loans. Legal entities carry out many financial transactions that do not require cash mutual settlements, if there are funds in the account, then it is much faster and easier to carry out cashless transactions.

A modern person cannot help but use the services of a bank, since even individuals pay utility bills, receive payments and wages, open deposits to save money, and so on.

What does an LLC checking account look like?

The current account consists of 20 digits, and this is not just a set. Each of them carries some information that to some extent characterizes the type of account. Here is an example: 40702840100010000456.

The first three digits of the current account indicate what type of organization it is: state, non-state, and so on. If we talk about a specific example, then the number 407 indicates that we are talking about a non-governmental institution.

The next two digits of the account also somewhat characterize the type of organization, in our example 02 stands for "commercial organization".

The next three digits decipher the type of account, or rather, in what currency it is opened. In our example, 840 means that the account is opened in dollars.

The next digit of the account is in some way the key that a financial institution, that is, a bank, needs toidentification.

The next four digits of the account specify the place of its opening, that is, if the bank has several branches, then these numbers will definitely indicate in which of them this account was opened. If the banking institution does not have a branch, then these numbers look like 0000, as in our example.

The last 7 digits of the account are the account of the LLC itself.

For the maintenance and organization of accounting of settlement accounts, a chart of accounts is provided, according to which this accounting is maintained. You can find it in the position of the Central Bank. How to find out the organization's current account by TIN, we will consider further.

If LLC is a debtor

If an LLC is a debtor, and you cannot find its details on your own, then there are several basic options for how to find out the organization's current account. Usually, when drawing up a cooperation agreement, it contains the details of the parties, which contain complete information about the LLC. This is the TIN and, in fact, his current account.

In order to understand how to find out the organization's current account by TIN, you need to look for information about the debtor on the Internet. There may be data posted on the company's website, if any, or in groups on social networks, LLC representatives can also post such information on the network.

How can I find out the current account of the organization?

Can it be done? The law "On Enforcement Proceedings" contains information on how to find out the current accountorganizations. There are two main options.

If you have some information about the activities of the LLC, then you probably have some assumptions about which credit institution may have data about the debtor. If you apply there, they will not be able to give you information, however, if you provide confirming facts that the LLC is your debtor, the credit institution will have the right to write off the funds from the account of the LLC on account of the debt.

If this option does not suit you for some reason, then you have the right to apply to a bailiff to collect the debt. In this case, the bailiff will send several requests to financial institutions, which are obliged to provide him with a response in writing. The authorized person will be required to provide the information received to the applicant.

According to the law on banks and financial activities, such information cannot be provided to the first person, but if this information is requested by the court, the Accounts Chamber or the tax service and other authorized bodies, then information must be provided.

Confidential data about the debtor

The organization's current account is confidential information that is closed to all other users, however, a limited liability company may voluntarily disclose these details. Then the banking institution is not responsible for the disclosure of secret information. If the LLC is your debtor, then you will be interested in information on how you can find out the organization's current account for debt collection. Costsunderstand that this information can be disclosed only to authorized persons who, on this fact, have a writ of execution. You can also find out the organization by current account.

Appeal to the Federal Tax Service

How to find out the settlement accounts of the debtor organization? In order to obtain the details of the party, you can also contact the Federal Tax Service. What will it give you? You can find out the open settlement accounts of the organization that is your debtor. If you have a writ of execution, then you have the right to contact this service with a request to provide the following data:

• number of settlement accounts of the organization;
• banks where they were opened;
• account numbers;
• the amount of money on them;
• cash flow statement

If you decide to make a request, then it must be drawn up in accordance with some rules and requirements for them. You can apply with such a request to the nearest authority of the Federal Tax Service.

So we can conclude that with a great desire, you have the opportunity to obtain information that allows you to collect bad debts.