Servicesfor individuals
Pension program
You do not have to queue on at the post-office or to wait for your pension at home for the whole day — we offer you to receive pension at PRAVEX-BANK. You have just to address the Bank and you will be able to receive pension at any time and any point of Ukraine.
all services↓also in section
International settlings
- Main banks-correspondents
- Bank transfers
- Documentary bills of credit
- Documentary collections
- Terms
- Operations with cashless foreign currency
International settlings
For corporate clients
Documentary bills of credit
Pravex-Bank proposes prospective cooperation in the field of international trade with using documentary letters of credit, that will substantially help to reduce risks and to increase profits of your business!!!
The task of the Bank is to minimize your risks of foreign trade, to help to reduce your expenses and to increase favours by contract, to optimize terms of payments for purchased goods.
YOUR ADVANTAGES IN INTERNATIONAL SETTLINGS on using bill of credit in Pravex-Bank:
- comparatively low price of service of bill of credit if to compare with received favours from its fulfilment;
- choice of the method of business financing both by exporter and by importer;
- mutual favour of participants of relations as to payment discipline and goods supply;
- illustration of reliability of your company through cooperation with the first class bank establishments of different countries;
- consultations to the clients of Pravex-Bank.
•For exporter
- reliability of payment fulfilling and quicker receiving of export receipt;
- minimal risk of not payment for sold goods, as payment is guaranteed by the Bank and not by Buyer;
- additional guarantee of payment for goods, attested by the first class bank;
- additional possibility to reduce export risks;
- determining of the most favourable methods of payment from importer;
- recommendations of Pravex-Bank with purpose to optimize conditions of quick receiving of money from imp
•For importer
- receiving of commercial credit (deferment of payment) from seller, where it is possible to realize received goods before terms of payment to exporter and to settle with him without using own means;
- absence of advanced payment (prepayment) to seller;
- accomplishing of payment only after fulfilling of all obligations by Seller (shipping of goods, drawing up documents etc);
- allows to certify paying capacity and to demonstrate to partners your competence in the field of organizing settlings on trade deals;
- allows to optimize conditions of payments in international settlings for the goods that are bought;
- recommendations of Pravex-Bank for optimizing conditions for quick receiving of goods from exporter (Seller).
In period since the moment of opening till ending of settlings on letter of credit of Pravex-Bank accompanies during the whole operation, accomplishing in accordance with Bank rates:
•On settlings on export
- preliminary advising a letter of credit;
- advising of bill of credit (transfer of complete conditions of letter of credit);
- reception, checking of documents;
- returning of documents, not corresponding to conditions of letter of order;
- request to the bank-issuer about possibility of reception documents with discrepancies;
- fulfilling of reimbursement orders;
- certifying of letter of order.
•On settling on import
- opening of letter of credit
- increasing of sum and prolonging of letter of credit
- changes of conditions of letter of credit
- payment on letter of credit, including checking of documents
- abolition of letter of credit before the end of duration
- return of non-correctly registered documents
•Reasons of successful work of Pravex-Bank on accomplishing of letter of credit forms of settlings are:
- high professionalism and qualification of employees of documentary operations division;
- using of modern systems of information transfer: SWIFT, TELEX;
- wide net of correspondent relations;
- efficiency of conducting operations through the wide net of branches and divisions, situated all over Ukraine;
- maximal speed of conducting operations by employees of Pravex-Bank (considering and analysis of proposed project, opening, advising, servicing, checking of documents).
•Pravex-Bank proposes to its clients the following types of letters of credit:
On degree of guarantee payment of sums that should be paid out to exporter:
- irrevocable and revocable
Depending on presence of deposited means in the executing bank:
- covered and non-covered.
Depending on presence or absence of confirmation on letter of credit from the side of advising (or another bank):
- attested and non-attested
- On character of payment and in connection with possibility or impossibility to accomplish partial supplies of production:
- divisible and indivisible.
Depending on place and subject of accomplishing:
- letters of credit, executed by bank-issuer in the country of importer;
- letters of credit, executed by advising or confirming bank situated in the country of beneficiary (exporter);
- letters of credit, executed with participation of the third bank.
Depending on presence of other beneficiaries:
- transferable and non-transferable.
Depending on method of accomplishing of letter of credit obligation of bank-issuer:
- with payment on introducing;
- with instalment of payment;
- with accept;
- with negotiation.