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| Main page / Corporate customers |
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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:
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| Documentary incasso operations |
| Name of the operation |
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Tariff |
| Acceptance of documents for incasso |
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0.1 % of the incasso amount (minimum 75 USD, maximum 500 USD) |
| Tender documents for acceptance and payment |
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0.1 % of the payment amount |
| Change of incasso terms and conditions |
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30 AZN |
| Cancellation of payment and return of documents not accepted |
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0.05 % of the payment amount (maximum 100 USD) |
| Cancellation of incasso order |
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30 AZN |
| Postal services (for each package) |
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To be discussed |
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| Bank guaranties and stanby LC |
| Name of the operation |
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Tariff |
| Issue bank guaranty/standby LC, increase the amount or extend the maturity |
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0.1 % of the LC amount (minimum 50 AZN, maximum 500 AZN) |
| Change bank guaranty/standby LC terms and conditions |
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50 AZN per each change |
| Cancel bank guaranty/standby LC terms and conditions |
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Free |
| Increase and advice bank guaranty/standby LC terms and conditions |
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Free |
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Advice on changes to bank guarantee/standby LC terms and conditions (except for increase in amount)
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Free
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| Confirmation of a bank guaranty |
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In accordance with partner bank’s tariff |
| Confirmation of bank guaranty/standby LC |
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Upon agreement, flexible |
| Check bank guaranty/standby LC payment order |
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100 AZN |
| Check bank guaranty/standby LC issued by another bank |
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50 AZN |
| Delivery of payment order under another bank’s guaranty/standby LC upon client’s request |
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100 AZN |
| Other expenses |
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To be discussed |
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| Import LC |
| Name of the operation |
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Tariff |
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Issue LC
-Up to 500 000 USD
-500 001 – 1 000 000 USD
-More than 1 000 000 USD
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-0.35 % of the LC amount (min.100 USD)
-0.25 % of the LC amount
-0.15 % of the LC amount
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| Increase of LC amount |
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0.2 % of the increase amount (minimum 100 USD) |
| Extend maturity of LC |
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0.2 % of the LC amount per every 90 days of extension |
| Change LC terms and condition |
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100 AZN per each change |
| Accept and check LC documents |
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0.1 % of the LC amount (minimum 150 USD, maximum 500 USD) |
| Payment with LC |
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0.1 % of the LC amount (minimum 100 USD, maximum 500 USD) |
| Confirmation of LC |
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0.2 % of the LC amount (minimum 100 USD); fees of the partner bank are also collected from the customer |
| Advice expected LC issuance |
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50 AZN |
| Other expences |
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To be discussed |
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| Export LC |
| Name of the operation |
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Tariff |
| Advice LC |
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0.1 % of the LC amount % |
| Increase of LC amount |
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0.1 % of the increase amount |
| Advice change of LC terms and conditions |
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50 AZN |
| Accept, check and send LC documentation |
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0.15 % of the LC amount (minimum 150 AZN, maximum 500 AZN) |
| Confirmation, advice on confirmation, extension of maturity for confirmed LC |
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Upon agreement, flexible |
| Transfer of LC |
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Upon agreement, flexible |
| Other expenses |
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To be discussed |
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