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:

  1. Reliability and an impeccable business reputation.
  2. Specialised staff with professional training and years of experience.
  3. A flexible and client-oriented approach.
  4. Premium quality customer services.

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).