Guaranteeing Bills of Exchange
Kinds of operations connected with guaranteeing bills of exchange offered to legal entities in bank "Kontrakt"
- Guaranteeing give-and-take bills of exchange by the Bank
- Guaranteeing bills of exchange for the amount of excise tax by the Bank
- Guaranteeing commodity bills of exchange
Guaranteeing give-and-take bills of exchange by the Bank: offers to economic entities the possibility to defer the import duty payment, to defer payment of taxes and duties which they pay when importing give-and-take raw materials to the customs territory of Ukraine when carrying out operations with give-and-take raw materials as international economic activities.
Guaranteeing bills of exchange for the amount of excise tax by the Bank: offers to economic entities the possibility to defer the excise tax payment, which is due payable before receiving ethyl spirit from a distillery excise warehouse for production of excised beverages.
Guaranteeing commodity bills of exchange: offers to economic entities working with deferred payment the possibility to document monetary debt for actually delivered goods, accomplished works, rendered services.
Baseline terms and conditions for guaranteeing bills of exchange in bank "Kontrakt"
- Term of bill of exchange guarantee: issued for the period from executing the guarantee until the date of payment specified in the bill of exchange.
- Currency of bill of exchange guarantee: hryvnas.
- Amount of liability of the guaranteeing Bank: from UAH 50 thousands to UAH 17 millions; from USD 10 thousands to USD 3.5 millions. The amount of bill of exchange guarantee is unlimited when it is collaterized by monetary funds.
- Collateral for bill of exchange guarantee: to be considered upon individually; main kinds of collateral are: pledge of monetary funds, mortgage of immovable property and pledge of other property, insurance, counter-guarantee of another bank.
- Commission: the amount of commission of TF Bank "Kontrakt" varies depending on the specifics of borrower’s business, on kind of the collateral, and also on kind and amount of bill of exchange guarantee.
- Possibility to conclude a General Contract for guaranteeing bills of exchange: setting the overall limit for bill of exchange guarantees for a long-term period, it enables multiple issue bill of exchange guarantees in the set period, and allows to save money on executing new contracts for guaranteeing bills of exchange.
Additional expenses that may occur in the process of issuing bills of exchange guarantees by bank "Kontrakt":
- payment for carrying out an independent expert appraisal of pledged (mortgaged) property;
- remuneration of notary for certifying pledge (mortgage) contract;
- payment for bill of exchange blank form: UAH 9.60 per each bill of exchange, including UAH 1.60 VAT;
- state duty for purchase of bill of exchange blank form: UAH 1.70;
- payment of insurance premium when insuring pledged (mortgaged) property.
Contacts:
tel: +38 044 537 61 27
Sergei Germanovskiy, e-mail: client@kontrakt.ua