Raiffeisen Bank AvalRated by UaBanker
Service Provided to Banks
Correspondent Banking Services

Network of correspondent banks

Money transfer system Western Union

Money transfer system «Aval-Express»

Payment Cards






 Sale of property


Purchase of a Voucher

About the Bank
Press-centre
Markets Monitor
Branches

Service for private person
Service for Corporate Clients
Service Provided to Banks
Service via Electronic Channels
RUSUKR
Home
Service Provided to Banks Correspondent Banking Services Documentary Transactions

Documentary Letters of Credit

Print version


(Non-resident banks)

Rates for Documentary Letters of Credit for exports


ServiceRateNote
Preliminary advising a Letter of Credit to the beneficiaryUSD 50  
Advising a Letter of Credit*0.1% min USD 40, max USD 500  
Confirmation of a Letter of Credit: without sufficient funds, with sufficient funds in JSPPB Aval5% per annum; 0.2% quarterly or under a separate Agreement
Verification of documents for their compliance with Letter of Credit terms **:0.3% (min USD 50, max USD 1000)for each parcel of documents
Payment in favour of a beneficiary.0.2% min USD 20, max USD 500  
Advising changes in Letter of Credit terms:USD 40 for each notice
Processing documents containing some deviations from Letter of Credit termsUSD 30  
Cancellation of a Letter of Credit prior to its terminationUSD 40  
Verification of documents for their compliance with Letter of Credit terms, if JSPPB Aval is not the executing bank.0.1% min USD 40, max USD 250  
A deferred payment locating activities0.1% max USD 50  
Transfer of a transferable Letter of Credit in favour of the second beneficiary0.25% min USD 50 USD max USD 1000  
Negotiation of a Letter of Credit: under a separate Agreement
 Rates for Documentary Letters of Credit for imports
Preliminary advising a Letter of Credit**USD 50  
Opening/increasing amount of a Letter of Credit. Depending upon the amount:
below 400,000
from 400,000 to 800,000
from 800,000 to 1,500,000
above 1,500,000
0.3% min USD 100
max USD 1000
max USD 2000
3000 USD
max USD 4000
 
Backing a Letter of Credit to be opened by confirmation of other bank with use of a credit line:  under a separate Agreement for opening a Letter of Credit
Other changesUSD 40  
Verification of obtained documents**0.3% min USD 50, max USD 1000  
Processing documents containing any deviations from Letter of Credit termsUSD 30  
Cancellation of a Letter of Credit prior to its termination dateUSD 40  
Payment in favour of a beneficiary0.2% min USD 20, max USD 500  
Draft acceptance: under a separate Agreement
 Other transactions with Letters of Credit
Additional inquiries on demand of a clientUSD 20  
Opening STANDBY Letter of Credit: without sufficient funds or with sufficient funds with JSPPB Aval: 0.25% a quarter or any part thereof; under a separate Agreement for opening a Letter of Credit shall be charged during the entire validity term of the Letter of Credit, including any possible extensions thereof
Performance of reimbursement bank’s functions0.15% min USD 30, max USD 500  

* Raiffeisen Bank Aval reserves the right to charge additional banking fee amounting to US$ 100 if the Letter of Credit obtained contains complicated terms or a large number of terms.

** Raiffeisen Bank Aval reserves the right to charge additional banking fee amounting to US$ 100 if the Letter of Credit provides for delivery of complicated documents or a large number of documents (more than 7).

Banking fees shall not be repaid when a Letter of Credit is cancelled or after termination of the Letter of Credit or any part thereof.


Documentary Collection Transactions: Non-resident Banks

Exports Collection:


ServiceRateNote
Preliminary advising a Letter of Credit to the beneficiaryUSD 20  
Advising a Letter of Credit*0.1% min USD 20, max USD 250  
Confirmation of a Letter of Credit: without sufficient funds, with sufficient funds in JSPPB Aval5% per annum; 0.2% quarterly or under a separate Agreement
Preliminary advising a Letter of Credità**0.3% (min USD 50, max USD 1000for each parcel of documents
Payment in favour of a beneficiary.USD 10  
Advising changes in Letter of Credit terms:USD 20 for each notice
Processing documents containing some deviations from Letter of Credit termsUSD 30  
Cancellation of a Letter of Credit prior to its terminationUSD 20  
Verification of documents for their compliance with Letter of Credit terms, if JSPPB Aval is not the executing bank.0.1% min USD 40, max USD 250  
A deferred payment locating activities0.1% max USD 50  
Transfer of a transferable Letter of Credit in favour of the second beneficiary0.25% min USD 25, max USD 500  
Negotiation of a Letter of Credit: under a separate Agreement
 Rates for Documentary Letters of Credit for imports
Preliminary advising a Letter of CreditUSD 20  
Opening/increasing amount of a Letter of Credit. Depending upon the amount:
below 400,000
from 400,000 to 800,000
from 800,000 to 1,500,000
above 1,500,000
0.15% min USD 100,
max USD 500
max USD 1000
max USD 1500
USD 2000
 
Backing a Letter of Credit to be opened by confirmation of other bank with use of a credit line:  under a separate Agreement for opening a Letter of Credit
Other changesUSD 20  
Verification of obtained documents**0.3% min USD 50, max USD 1000 Çà êàæäûé ïàêåò äîêóìåíòîâ
Processing documents containing any deviations from Letter of Credit termsUSD 30  
Cancellation of a Letter of Credit prior to its termination dateUSD 20  
Payment in favour of a beneficiaryUSD 10  
Draft acceptance: under a separate Agreement
 Other transactions with Letters of Credit
Additional inquiries on demand of a clientUSD 20  
Opening STANDBY Letter of Credit: without sufficient funds or with sufficient funds with JSPPB Aval: 0.25% a quarter or any part thereof; under a separate Agreement for opening a Letter of Credit shall be charged during the entire validity term of the Letter of Credit, including any possible extensions thereof
Performance of reimbursement bank's functions0.15% min USD 30, max USD 500  

* Raiffeisen Bank Aval reserves the right to charge additional banking fee amounting to US$ 100 if the Letter of Credit obtained contains complicated terms or a large number of terms.

** Raiffeisen Bank Aval reserves the right to charge additional banking fee amounting to US$ 100 if the Letter of Credit provides for delivery of complicated documents or a large number of documents (more than 7).

Banking fees shall not be repaid when a Letter of Credit is cancelled or after termination of the Letter of Credit or any part thereof.


Head Office:

9, Leskova Street, Kyiv, Ukraine, 01011
Call Centre:
Tel: 8 (800) 500-5000 (free of charge in Ukraine)
(044) 490-88-88 (24 hour service)
E-mail: info@aval.ua
E-mail: sme-info@aval.ua