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For private clients
For business
Persona
The bank today
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Працюємо для вас

Banking letters of credit

  • funds on the account to cover
  • property rights to the deposit
  • other liquid collateral property
Learn more
  • Target audience
  • Letter of Credit gives the opportunity
  • Opening advantages of the letter of credit at FUIB
  • The cost of opening and maintaining
    • Heavy Engineering
    • Fuel and Energy Sector
    • Mechanical and electrical equipment
    • Metallurgy
    • Completely refuse the advance payments or reduce their amount to 10-15% of the contract.
    • Reduce the risk of low-quality goods supply, nearly to zero or one that does not meet conditions of the contract
    • Make payments to the seller only after the delivery of the goods adheres to the terms and conditions of the letter of credit, which includes all the necessary requirements of the contract
    • More flexible approach when dealing with the client’s statements in assessing his financial state
    • Twenty years’ experience at the internal and international markets, including the "exotic" countries (India, Pakistan, Sri Lanka, Syria, Bangladesh, Algeria, Egypt, Malaysia, Saudi Arabia) will minimize Your risks and maximize the protection of Your interests
    • In case of providing in a monetary form to the block-account - 1.2% per annum from the letter of credit (minimum $ 95 for the letters of credit in foreign currency; minimum 600 UAH for the letters of credit in the national currency within Ukraine, for each year or its part of the letter of credit validity)
    • Maintenance of the letter of credit in the provision of liquid collateral property from 3% to 5% per annum from the letter of credit amount (minimum $ 300 for letters of credit in foreign currency; minimum 750 UAH per annum, for letters of credit in the national currency within Ukraine, for each year or its part of the letter of credit validity)*

    *– Depending on the type of provision, the financial state of the client, the amount of letter of credit and its validity period, the fee amount can be revised.

FUIB is a reliable partner

Top 5 banks by volume of documentary operations


40 of 100 largest companies in Ukraine trust us


More than 15 years on leading positions in documentary business


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