Basic Account

PAYMENT ACCOUNT WITH BASIC SERVICES

What services does this account offer?

• services that enable the deposit of funds in a payment account
• services that enable the withdrawal of funds from a payment account within Albania in BKT branches or at ATMs (automated teller machines) during or outside the official working hours of the bank;
• execution of the following payment transactions within the territory of the republic of Albania;
• direct debits;
• payment transactions through a card (excluding credit card payment transactions), including online payments;
• credit transfers, including periodic payments, where applicable, to terminals and to BKT branches.

• Branches / Filial of BKT
• "Internet" Branch

• Apply at each brand of BKT by showing identification document.

• Only in "LEK" currency.

• The customer submits the request/application for opening the account:
• Declares that he does not have a payment account with basic services at any other bank (Caution!! For incorrect statements, the Bank may refuse to open a payment account with basic services for a period of 24 months);
• Gives consent to verification of the statement given;
• After BKT closes the verification, it notifies the consumer within 15 days form the application in the case of refusal.

• If the consumer does not have ther payment accounts in other banks in the Republic of Albania, he has the right to apply for conversion of an existing payment account into a payment account with basic services. The application for conversion of an existing account is the same as the application for a new payment account with basic services:
• Reduced fees for services offered compared to other accounts (where applicable);
• The basic service payment account does not any time have a negative balance;
• No loan or overdraft services can be provided in the basic service account.

• Identification Document (Identity Card, Biometric Passport)
• KSHBI signed by the client (Individual Banking Services Contract)
• CIF form signed by the customer (Customer Information File)
• CRS (Customer Self-Declaration of Tax Residence) form signed by the customer
• Contract of Payment with Basic Services
• Declaration of Basic Account

• Identification Document (ID Card, Biometric Passport)
• Identification document of the parent or legal guardian
• KSHBI signed by the client himself and the parent or legal guardian (Individual Banking Services Contract)
• CIF form signed by the client himself and the parent or legal guardian (Client Information File)
• CRS form (customer self-declaration of tax residence) signed by the customer himself and the parent or legal guardian
• Contract of Payment with Basic Services
• Declaration of Basic Account

• Identification Document (Birth Certificate of the last 3 months or Biometric Passport)
• Identification document of the parent or legal guardian
• KSHBI signed by the client himself and the parent or legal guardian (Individual Banking Services Contract)
• CIF form signed by the client himself and the parent or legal guardian (Client Information File)
• CRS form (customer self-declaration of tax residence) signed by the customer himself and the parent or legal guardian
• Contract of Payment with Basic Services
• Declaration of Basic Account

• Identification Document (Birth Certificate of the last 3 months or Biometric Passport)
• Applicant Identification Document (parent or legal guardian)
• Family Certificate (required for identification of parents)
• CIF form signed by the parent or legal guardian (Client Information File)
• CRS form (customer self-declaration of tax residence) signed by the parent or legal guardian
• KSHBI signed by the parent/ legal guardian / Deposit Contract My Child signed by the parent/ legal guardian (Individual Banking Services Contract)
• Contract of Payment with Basic Services
• Declaration of Basic Account

• Identification Document (Letter / Identity Card, Biometric Passport)
• Identification document of the legal guardian
• Court decision on the appointment of the legal guardian
• KSHBI signed by the legal guardian (Individual Banking Services Contract)
• CIF form signed by the legal guardian (Customer Information File)
• CRS (customer self-declaration) form signed by the legal guardian
• Contract of Payment with Basic Services
• Declaration of Basic Account

• Identification document
• Passport, within the expiry date;
• ID, identity card (only for EU countries), within the expiry date.
• Work permit
• Authorization to stay, authorized stay
• Work contract
• Lease contract
• Fiscal Code
• KSHBI signed by the client (Individual Banking Services Contract)
• CIF form signed by the client (Client Information File)
• CRS (customer self-declaration) form signed by the customer
• Contract of Payment with Basic Services
• Declaration of Basic Account

1. Taxpaying American citizens:​

• Form W9 – which must be filled out correctly in all its fields (such as Name, Address, TIN) and signed by the US citizen.
• Declaration of Consent – ​​which must be correctly completed in all its fields and signed by the US citizen.
• Identification document
• KSHBI signed by the client (Individual Banking Services Contract)
• CIF form signed by the client (Client information File)
• CRS form (customer self-declaration of tax residence) signed by the customer
• Contract of Payment with Basic Services
• Declaration of Basic Account

2. Non-Taxpaying US Citizens:

• ​Form W8BEN - which must be filled out correctly in all its fields (such as name, Address) and signed by the US citizen.
• Declaration of Consent - which must be correctly completed in all its fields and signed by the US citizen.
• Identification document
• KSHBI signed by the client (Individual Banking Services Contract)
• CIF form signed by the client (Client information File)
• CRS (customer self-declaration) form signed by the customer
• Contract of Payment with Basic Services
• Declaration of Basic Account

• ​Valid identification document of the representative (Identity Card, Biometric passport)
• KSHBI signed by the client (representative) (Individual Banking Services Contract)
• CIF form signed by the customer (representative) (Customer Information File)
• CRS (customer self-declaration) form signed by the customer (representative)
• Valid power of attorney

• Suggestions & Complaints can be directed at any time to the complaint channels provided by BKT (https://www.bkt.com.al/sugjerime-ankesa). 
• In case of refusal to open the account of basic services payments or other complaints regarding the implementation of the provisions of law no. 100/2023 "On Basic Service Payment Account", the consumer may also address the Bank of Albania for complaints.