VAB Bank has considerable experience in cooperating with leading financial institutions all over the world. The Bank’s correspondent network covers major clearing centres and comprises more than a hundred financial institutions. Over 500 banks in 60 countries are business partners of VAB Bank in international payments, which fully meets the needs of the Bank and its clients.
VAB Bank offers opening and maintenance of correspondent accounts in the national and foreign currencies, as well as in precious metals. In addition to the most commonly used currencies (such as USD, EUR, RUB, GBP), the Bank provides payment services in such currencies as CHF, CAD, LVL, BYR and KZT.
On top of that, the Bank carries out payments in over 120 currencies within “Cross-currency payment” service.
Our correspondent network includes near 50 Nostro accounts with approx. 30 banks in 16 currencies. The Bank has direct correspondent relations with the largest banks of Europe, America, Asia and Africa, as well as the CIS and Baltics, including Deutsche Bank AG, Commerzbank AG, Deutsche Bank Trust Company Americas, UniCredit Bank AG, Raiffeisen Bank International AG, UniCredit Bank Austria AG, Royal Bank of Canada, etc. The wide correspondent network facilitates the efficient conduction of payments throughout Ukraine and worldwide.
We offer high quality services and competitive terms and conditions:
- free of charge opening and maintenance of correspondent accounts;
- free of charge crediting to account;
- free of charge intra-bank transfers;
- free of charge account statements;
- extended cut-off time for same day value payments.
For Vostro correspondents VAB Bank opened Over 50 correspondent accounts, the third part of which are in precious metals.
Contact details:
Katerina Litvin
Correspondent Banking
Tel.: +380 44 481 52 47
Fax: +380 44 481 52 58
E-mail: fi@vab.ua
VAB Bank has been operating in the international precious metals market since 1999 and offers to financial institutions the following services:
- opening and maintenance of correspondent accounts in precious metals (gold, silver, platinum, palladium);
- precious metals bullion trading;
- precious metals trading without actual delivery;
- withdrawal of precious metal from the correspondent account to which it was credited without actual delivery.
Contact details:
Vladimir Pishchanyi
Head of Transactions with Precious Metals
Tel: (+38 044) 490 06 68
Fax: (+38 044) 481 52 59
E-mail: v.pischanyi@vab.ua
