Trade finance includes financing of export-import contracts and documentary credits.
The customer advantages are:
- Credit risks decrease in case of advance payment denials,
- Country and legal risks decrease in international trade,
- Supplier payment warranty according specific contract criterias,
- Substantial cost decrease in import finance in comparison with simple credits,
- Payment installment possibility for the supplied goods,
- Credibility and international payments competency approval.
Bank offers to the customers these kinds of product and services in trade finance:
- Import finance – letter of credit and guarantee letters, payment organization;
- Individual consultations in payments optimization:
- Payments organization according to counteragent country,
- Assistance in development of payment issues in contract and agreements,
- The full range of services in import/export letter of credits, including the ruble payments to CIS countries – opening, aviso, payment and confirmation, discounting and document negotiations.
- All types of letter of guaranty, including reserve stand-by letter of guarantee:
- The most appropriate to customer letter of guarantee,
- Aviso and authentity confirmation of guarantee letters issued by foreign banks.