Opening an Account with JSC SB Alfa-Bank Kazakhstan

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COST OF OPENING AN ACCOUNT:

from 1500 c.u.

JSC Subsidiary Bank Alfa-Bank provides high-quality financial services to a wide range of clients, earning a reputation as a stable and reliable institution. Its clientele includes not only individuals, but also state-owned enterprises, private entrepreneurs, and medium to large businesses. The bank is part of the Alfa Group Consortium, which operates across Russia, Ukraine, Belarus, Kazakhstan, the United Kingdom, Cyprus, the Netherlands, and Luxembourg.

Alfa-Bank Kazakhstan remains a regional leader in financial activity and lending volumes.

Bank’s Main Focus

The bank specializes in servicing RUB and foreign currency transactions between the Republic of Kazakhstan and the international financial market.

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A Brief History

Alfa-Bank Kazakhstan began operations in 1994 as a subsidiary of one of Russia’s largest banks at the time — JSC Alfa-Bank. It became the first Russian bank to operate in Kazakhstan. Thanks to the quality of its services, it quickly became a national leader and gained a strong reputation.

The bank was named the Best Regional Bank in Information Security by Global Banking and Finance Review.

Today, the bank has an extensive branch network, with its head office located in Almaty.

Services of JSC SB Alfa-Bank

As a universal financial institution, Alfa-Bank offers a wide range of modern banking products and services, including:

  • Leasing
  • Factoring
  • Unsecured lending
  • Foreign trade operations
  • 24/7 online banking access

This enables clients to execute and manage projects efficiently and securely.

We Help Open Accounts with Alfa-Bank Kazakhstan

Our company employs experienced managers and legal experts who offer professional assistance in opening bank accounts abroad. We provide full support at every stage: from document preparation and form completion to submitting applications for bank approval.

Once everything is ready, our legal team prepares the required documentation for the client to sign and stamp. These documents are then sent via email. The client prints, signs, and mails the full package back to us. Once received, we send the bank details and account access credentials.

Why Choose Alfa-Bank Kazakhstan?

  • Affordable account setup and maintenance costs
  • Possibility to open an account remotely
  • Accounts can be opened for any type of company activity, including Forex
  • Multi-currency account options are available
  • High account approval rate (close to 100%)

Account opening usually takes 2–3 weeks after obtaining BIN and IIN

To open a bank account, you need to complete a few simple steps:

1. Contact our specialists, who will assist you with the account opening process and answer all your questions.

Provide the following set of documents:

  • Translated into Russian and notarized copies of documents confirming the identity of all company members or the authorized representative, if the account is to be opened remotely.
    Alternatively, a scanned copy of the passport may be submitted without certification.
  • Two copies of the company’s charter documents with translation, notarization, and apostille.
  • Powers of attorney with apostille and translation, notarized by a notary from a country that is a party to the Minsk or Chisinau Conventions on Legal Assistance.
  • If the company is older than one year – a Certificate of Incumbency or Certificate of Good Standing (CGS).
  • Two copies of signature specimen forms. One of them must be either notarized or bear an apostille.
  • Account opening application form (according to the bank’s format).

Additionally:

You must obtain a Business Identification Number (BIN) and an Individual Identification Number (IIN). This does not impose any additional tax obligations, but is a legal requirement under local law.

First, the director must obtain an IIN in their name, followed by the company obtaining a BIN. The entire process for obtaining both documents usually takes up to three business days.

If a representative will obtain the IIN and BIN, then the power of attorney must be notarized, translated, and apostilled.

Oleg Venediktov

General counsel of VIP Departament

Also, our company provides licensing services for various types of activities

You can get additional information by phone:
+35725263434 or email: assist@legalawyers.com

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