Guarantees and documentary operations - Bank BTB
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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

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)

Payment on letter of credit and guarantee

0,1 % (min. USD 100 – max. USD 500)

To transfer transferable letter of credit

0,2% (min. USD 100 - max. USD 1000)

Cancellation of letter of credit and guarantee

USD 100

An amendment to letter of credit and guarantee

USD 100

Free return of documents on letter of credit and guarantee

USD 100

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)

Interest rate on credit line for granting uncovered letter of credit and guarantee

according to agreement

Service fees of other banks

Additionally paid by customer

Request on guarantees granted by other banks

USD 100

Issuing copies of lost documents on letter of credit and guarantee (for each set of documents)

USD 50

Post services for documentary operations (for each posting)

USD 70

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