20.02 What is the cumulative account for?

When establishing legal entities, for certain types of companies (in accordance with legal requirements), it is necessary to form authorised capital (initial contribution) during the establishment process. This initial contribution can only be deposited in specific accounts, namely, cumulative accounts, where the company can view the account but does not have the ability to use the funds. The accumulated funds of authorised capital can only be used after the establishment of a legal entity.

Cumulative accounts can also be opened in the Paysera system.