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Corporate Management
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Guarantees and documentary operations
Bank guarantees assure commitments between parties based on the contract they signed. Bank undertakes to pay an amount considered on guarantee if written request is submitted in accordance with the terms of guarantee. Payment on guarantee is conducted if customer does not implement.
We offer following guarantee types:
- Tender guarantee
- Executive guarantee
- advance payment guarantee
- Payment guarantee
- Customs guarantee
Tariffs |
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To open letter of credit and guarantee |
0,2% (min. USD 50) |
|
. To increase an amount of letter of credit and guarantee (calculated on the increased amount) |
0,2% (min. USD 50) |
|
Advising letter of credit and guarantee by bank |
0,1% (min. USD 50 - max. USD 500) |
|
Acceptance and analysis of documents on letter of credit and guarantee |
0,1% (min. USD 100 - max. USD 1000) |
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Payment on letter of credit and guarantee |
0,1 % (min. USD 100 – max. USD 500) |
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To transfer transferable letter of credit |
0,2% (min. USD 100 - max. USD 1000) |
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Cancellation of letter of credit and guarantee |
USD 100 |
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An amendment to letter of credit and guarantee |
USD 100 |
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Free return of documents on letter of credit and guarantee |
USD 100 |
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Confirmation of letter of credit and guarantee granted by bank or granting of guarantee based on counter-guarantee |
Min. 0,5% annual (min. USD 100) |
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Interest rate on credit line for granting uncovered letter of credit and guarantee |
according to agreement |
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Service fees of other banks |
Additionally paid by customer |
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Request on guarantees granted by other banks |
USD 100 |
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Issuing copies of lost documents on letter of credit and guarantee (for each set of documents) |
USD 50 |
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Post services for documentary operations (for each posting) |
USD 70 |