Bank offers a range of services for correspondent banks in the sphere of documentary business: documentary letters of credit, bank guarantees and trade finance.
A significant number of documentary credit lines opened by first-class international banks allows Bank to attract financing under rates that are equal to European market ones.
Bank implies in its work instruments with world wide recognition due to its reliability, convenience and ability to decrease financial and commercial risks in export/import operations.
Documentary business and trade finance services:
- Export and import documentary letters of credit
- Bank guarantees and reserve letters of credit
- Export/import trade finance
- Consultations and recommendations on all types of operations
Utilization of documentary letters of credit in trade finance operations shall help our banks-partners to:
- Significantly increase the number of transactions and the geography of the external economic activities and also gain extra incomes
- Decrease credit risks related to prepayments or goods supplies, insurance and legal risks for its clients;
- Optimize cost of trade finance activities