Letters of Credit

Export Letters of Credit

As a Russian exporter, you may benefit from taking advantage of wide correspondent banking network in Western and Eastern Europe, Turkey, Middle East, CIS countries and the network of CREDIT EUROPE BANK Group.

• Confirming of Deferred Payment Export LCs.
• Discounting of Deferred Payment Export LCs.
• Extending of deferred period for foreign buyer via post export financing (see International Trade Finance).
• Back-to-back LCs.

Import Letters of Credit

Import LC is the most comfortable payment instrument for both buyer and seller. As an importer, you may benefit from our wide correspondent banking network in Western and Eastern Europe, Turkey, Middle East, CIS countries and the network of FIBA Group.

• Issuance of Deferred Payment Import LCs.
• Extending of deferred period for Russian importer via post import financing (see International Trade Finance).
• Stand-by LCs: an alternative instrument for fulfilment of obligations.