Trade finance operations

Corporate

Bank Guarantee

1. Consideration of an application for receiving of guarantee (s) / consideration of amendments:
1.1. if secured by cash assets or term deposit free of charge
1.2. other security1 EUR 150
2. Preparation of agreement on issuance of bank guarantee (s) and related documents:
2.1. if secured by cash assets or term deposit free of charge
2.2. other security As agreed (min. EUR 150)
3. Issuance of a guarantee/ increase in guarantee amount / term prolonging:
3.1. if secured by cash assets 0.3% of guarantee amount / of amount regarding which amendments are made to (min. EUR 120)
3.2. if secured by term deposit 0.8% of guarantee amount / of amount regarding which amendments are made to (min. EUR 120)
3.3. other security 0.8% of guarantee amount / of guarantee amount regarding which amendments are made to (min. EUR 200)
4. Fee for guarantee utilisation:
4.1. if secured by cash assets 0.8% per annum of guarantee amount / of amount regarding which amendments are made to
4.2. if secured by term deposit 1% per annum of guarantee amount/ of amount regarding which amendments are made to
4.3. other security Starting from 3% per annum of guarantee amount/ of amount regarding which amendments are made to
5. Amendments to guarantee (except increase in guarantee amount / term), amendments to the agreement EUR 75
6. Execution of promissory note about guarantee issue EUR 50
7. Additional commision fee for urgent execution of guarantee, its amendments, confirmation during 1 working day EUR 50
8. Preparation and reconciliation of the guarantee’s draft (applicable if guarantee is not issued) EUR 50
9. Payment under guarantee/ Processing of payment demand 0.2% of the repayable amount (min. EUR 200)
10. Notification on guarantee issued by another bank 0.1% of guarantee amount (min. EUR 85, max. EUR 500)
11. Notification on amendments to the guarantee issued by another bank, revocation of the guarantee EUR 75
12. Preparation and sending of the claim under the guarantee, on behalf of the customer EUR 250
13. Review and confirmation of the authenticity of the guarantee issued by the other bank EUR 40
14. Revocation of the guarantee before expiry date2 EUR 25
15. Fee for notification by SWIFT See Additional services associated with lending and trade finance chapter

Effective from 01.01.2015.
 

Import Letter of Credit

1. Consideration of an application for import letter of credit free of charge
2. Execution of a new import letter of credit / increase of amount of the import letter of credit 0.25% of value / increase of the value of import letter of credit (min. EUR 170)
3. Amendments to provisions of import letter of credit (except for increase in amount of the import letter of credit), revocation or cancellation of unutilised import letter of credit, amendments of agreement EUR 75
4. Import letter’s of credit draft preparation and reconciliation (applicable ifimport letter of credit is not issued) EUR 50
5. Additional commission fee for urgent execution of the import letter of credit during 1 working day EUR 50
6. Review of documents, payment 0.2% of value of documents (min. EUR 170)
7. Commission for discrepancies in documents presented EUR 70
8. Return of unpaid documents EUR 40
9. Consulting in filling-in application EUR 50
10. Endorsement of LC documents EUR 20
11. Revocation of LC before expiry date EUR 25
12. Notification on issuance of Assignment of proceeds EUR 50
13. Fee for notification by SWIFT and other services See Additional services associated with lending and trade finance chapter

Effective from 01.01.2015.
 

Export Letter of Credit

1. Preliminary notification on issuance of export letter of credit EUR 40
2. Notification on issuance of export letter of credit 0.1% of value of export letter of credit (min. EUR 85, max. EUR 500)
3. Processing and reconciliation of the draft of export letter of credit EUR 50
4. Amendments to provisions of export letter of credit, revocation or cancellation of unutilised export letter of credit EUR 75
5. Preliminary review of documents under export LC EUR 80
6. Review of documents and payment 0.2% of value of documents (min. EUR 200)
7. Payment under export letter of credit without presentation of documents 0.1% of payment amount (min. EUR 100, max. EUR 500)
8. Return of the discrepant documents EUR 40
9. Transfer of export letter of credit 0.15% of value of transferred export letter of credit (min. EUR 200)
10. Cession under export letter of credit 0.1% of cession amount (min. EUR 150, max. EUR 700)
11. Confirmation of letter of credit issued by another bank As agreed
12. Consulting in preparation of the documents EUR 30 per each document
13. Negotiation of export LC, discounting of export LC As agreed
14. Notificationonletter on assignment EUR 50
15. Fee for notification by SWIFT and other services See Additional services associated with lending and trade finance chapter

Effective from 01.01.2015.
 

Documentary collection

1. Import documentary collection:
1.1. notification on documentary collection EUR 50
1.2. delivery of documents against payment, acceptance or free of payment 0.1% of collection amount (min. EUR 100 , max. EUR 500)
2. Export documentary collection:
2.1. receiving of documents for payment or acceptance EUR 40
2.2. payment of documents 0.1% of collection amount (min. EUR 100, max. EUR 500)
3. Amendments to terms, instructions of documentary collection EUR 40
4. Sending, return of refused documents EUR 40
5. Fee for notification by SWIFT and other services See Additional services associated with lending and trade finance chapter

Effective from 01.01.2015.
 

 


1 This commission is not applied to applications for guarantee issuance within the scope of guarantee line.
2 For cases when the commission fee for guarantee use is payable by parts.