Trade finance
Documentary operations
Risks of export-import operations are referred to as the industrial risk or contract failure risk; insolvency of the foreign partner; political risk; currency legislation violation risks. Minimize your risks with up-to-date settlement forms.
• Letter of Credit is the bank’s commitment to pay the certain amount of money to the seller of goods or services if corresponding documents which confirm the shipment of goods or implementation of negotiated services have been presented in time.
• Banking Guarantee whereby the payment commitments are executed: Document according to which the Bank is obliged to pay the limited amount of money to the mentioned subject (beneficiary) under negotiated conditions.
• Tender guarantee is the tender secured request, given by potential provider, who wants to take part in tender. The guaranties and the letters of credit are given in Uzbek sums and foreign currency.