It is common for a business to have a short-term cash shortfall due to the gap in invoicing its clients and settlement of those invoices. Our innovative documentary operations allow our business clients to achieve smooth cash flows in their operations without which their businesses could face certain liquidity issues. We realise that financing through documentary operations require prompt decision making and we therefore provide a simplified process with fast approval times.

We also offer trade financing to companies that engage in import and export operations. Given our well established partnerships with international financial institutions and export credit agencies (e.g. US Exim Bank, OFID, ITFC, etc.), we offer our customers 12-months post trade financing facilities at competitive rates.

Below are the current tariffs for our documentary operations:
 
Documentary incasso operations
Name of the operation   Tariff
Acceptance of documents for incasso   0.1 % of the incasso amount (minimum 75 USD, maximum 500 USD)
Tender documents for acceptance and payment   0.1 % of the payment amount
Change of incasso terms and conditions   30 AZN
Cancellation of payment and return of documents not accepted   0.05 % of the payment amount (maximum 100 USD)
Cancellation of incasso order   30 AZN
Postal services (for each package)   To be discussed
     
Bank guaranties and stanby LC
Name of the operation   Tariff
Issue bank guaranty/standby LC, increase the amount or extend the maturity   0.1 % of the LC amount (minimum 50 AZN, maximum 500 AZN)
Change bank guaranty/standby LC terms and conditions    
50 AZN per each change
Cancel bank guaranty/standby LC terms and conditions   Free
Increase and advice  bank guaranty/standby LC terms and conditions   Free

Advice on changes to bank guarantee/standby LC terms and conditions (except for increase in amount)

 
 

Free

Confirmation of a bank guaranty   In accordance with partner bank’s tariff
Confirmation of bank guaranty/standby LC   Upon agreement, flexible
Check bank guaranty/standby LC payment order   100 AZN
Check bank guaranty/standby LC issued by another bank   50 AZN
Delivery of payment order under another bank’s guaranty/standby LC upon client’s request   100 AZN
Other expenses   To be discussed
     
Import LC
Name of the operation   Tariff

Issue LC

-Up to 500 000 USD

-500 001 – 1 000 000 USD

-More than 1 000 000 USD

 

 

-0.35 % of the LC amount (min.100 USD)

-0.25 % of the LC amount

-0.15 % of the LC amount

Increase of LC amount   0.2 % of the increase amount (minimum 100 USD)
Extend maturity of LC   0.2 % of the LC amount per every 90 days of extension
Change LC terms and condition   100 AZN per each change
Accept and check LC documents   0.1 % of the LC amount (minimum 150 USD, maximum 500 USD)
Payment with LC   0.1 % of the LC amount (minimum 100 USD, maximum 500 USD)
Confirmation of LC   0.2 % of the LC amount (minimum 100 USD); fees of the partner bank are also collected from the customer
Advice expected LC issuance   50 AZN
Other expences   To be discussed
     
Export LC
Name of the operation   Tariff
Advice LC   0.1 % of the LC amount %
Increase of LC amount   0.1 % of the increase amount
Advice change of LC terms and conditions   50 AZN
Accept, check and send LC documentation   0.15 % of the LC amount (minimum 150 AZN, maximum 500 AZN)
Confirmation, advice on confirmation, extension of maturity for confirmed LC   Upon agreement, flexible
Transfer of  LC   Upon agreement, flexible
Other expenses   To be discussed
     
Current account services
Loans
   Business loans
   Entrepreneurship finance
Deposits
Structured finance
Documentary operations
Partnership opportunities
Corporate Finance
FATCA
Search