Trade finance transactions
Pivdenny Bank is a leader among southern Ukrainian banks in trade finance (guarantees and letters of credit). The bank provides its clients with a full range of trade finance transactions.
Trade finance transactions at Pivdenny Bank:
- Reliability and an impeccable business reputation.
- Specialised staff with professional training and years of experience.
- A flexible and client-oriented approach.
- Premium quality customer services.
Tender guarantees
Letters of credit
A firm monetary obligation of the issuing bank to pay/commit to pay money with a deferral based on the documents submitted in full compliance with the terms and conditions of the letter of credit.
Documentary collection
A type of settlement between a buyer and seller where the buyer’s bank (representing bank) collects the amount payable by the buyer against respective documents received from the seller’s bank (remitting bank).