Pivdenny Bank reduces the time for negotiating FT contracts to three hours

Pivdenny Joint-Stock Bank has minimised the time for approval of standard-form foreign trade contracts.

From now on, bank customers – business representatives engaged in foreign economic activity – can obtain foreign trade contract approval in just three hours.

‘Reducing the time to negotiate foreign trade contracts will assure the bank’s customers of timely fulfilment of their obligations to external contractors and once again confirm that Pivdenny is a reliable partner providing a high level of customer service,’ said Corporate Business Director Oleksandr Matiushenko.

Pivdenny Bank provides consulting on foreign economic activity matters absolutely free of charge. The bank’s experts will be glad to help you with the following issues:

• regulations for conducting foreign exchange transactions of legal entities;
• currency supervision;
• preliminary verification of foreign trade contracts;
• loans from non-residents;
• forward or foreign exchange transactions on a ‘swap’ basis.