What is a corporate account, and how does it contribute to the financial management of businesses in Russia?

A corporate account is a bank account created for businesses and corporations. It enables companies to handle their finances, receive payments, and conduct transactions effectively. This separates business finances from personal finances and grants access to business banking services customized to their requirements. Russia’s banking sector, being prevalent in the market, offers a variety of financial services, investment opportunities, and banking activities in one of the biggest economies globally.