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Service overview

Documentary trade finance operations

Documentary trade finance operations help reduce risks related to settlements between exporters (sellers) and importers (buyers), ensuring secure payment for goods deliveries.

Key features of documentary trade finance settlements

  • International settlements

    Documentary trade finance operations ensure payment for goods and services when your trading partners are located in other countries.

  • Documentary settlement method

    The bank processes and reviews documents only, without handling the goods.

  • The bank makes the payment on your behalf

    To reduce risks and ensure a secure transaction, payment is made by the bank rather than the importer.

  • Fees by mutual agreement

    Bank fees are covered by the importer, the exporter, or shared between both parties, depending on the agreement.

  • International standards

    All documentary trade finance operations are carried out in accordance with International Chamber of Commerce (ICC) standards followed by banks worldwide.

Documentary trade finance operations

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Bank guarantees

The bank issues a guarantee to the beneficiary, confirming your contractual obligations.

If these obligations are not fulfilled, the beneficiary submits a claim to the bank. The bank makes payment within the срок and amount specified in the guarantee, not exceeding the guaranteed amount, thereby ensuring security for all parties involved.

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Documentary letters of credit

Documentary letters of credit are used in international trade transactions when partners require secure payment assurance and confidence that contractual terms will be met.

A letter of credit is a specialised settlement method in international trade, where the importer’s bank guarantees payment to the exporter, provided that the submitted documents fully comply with the terms of the letter of credit.

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Documentary collections

Documentary collections are used by international trade partners who have an established and successful business relationship.

The importer’s bank collects payment against the financial and/or commercial documents presented by the exporter’s bank. A collection does not provide a payment guarantee to the supplier and is therefore suitable for partners with a reliable cooperation history.