Initial deposit (equity capital)
The Bank will receive and record cash funds as initial deposit/equity capital for the establishment of companies according to the Companies Act.
Payment of the initial capital
Domestic individuals and business entities
Initial deposit/equity capital can be paid by:
Instructions for cashless payments:
Foreign individuals and business entities
Instructions for cashless payments from the non-resident account opened in the Republic of Croatia:
Instructions for payments from abroad:
Currency other than HRK
(identical to data from the founding Act)
Mandatory details in the payment order:
Confirmation of initial deposit
After the payment of the initial deposit/equity capital has been effected, the Bank shall be provided with the Statement of establishment/Social contractor other founding act certified by notary public and with the valid personal documents of the founder. After processing the payment to the Bank’s special account, the Bank will issue a Confirmation of initial deposit/equity capital for the purpose of registration of the business entity at the competent commercial court.
Transfer/refund of the initial deposit
Upon registration of the business entity, the funds of the initial deposit/equity capital will be paid to the newly opened account of the business entity for which the payment was made. By submitting the Request for opening an account, the request for the transfer of the initial deposit/equity capital to the newly opened account is automatically submitted.
In the event of the waiver or the inability to register, the funds will be returned to the payers upon request. In addition to the request, the payer must submit the original Confirmation of initial deposit (if the registration process has not been initiated) or the decision to reject the application to the relevant register (if the registration process has been initiated).
Capital increase (increase in equity capital)
At the request of the business entity, the Bank will also issue a Confirmation of increase of share capital for registration purposes when the funds for the increase of the share capital have been paid in favour of the transaction account of the existing business entity held with Karlovačka banka d.d.. The confirmation will be issued after the processed payment and if the payment indicates capital increase (increase in equity capital).