
	Correspondent Banking Services Servicing Correspondent Accounts in Hryvnias and Foreign Currency Documentary Transactions Documentary Letters of Credit Documentary collecting business Documentary guarantees

	Network of correspondent banks Loro accounts Nostro accounts

	Money transfer system Western Union

	Money transfer system «Aval-Express»

	Payment Cards Sponsorship when joining the international payment systems Salary projects Issue of cash Acquiring


		Purchase of a Voucher

		Payment Cards

Home	Service Provided to Banks Correspondent Banking Services

Servicing Correspondent Accounts in Hryvnias and Foreign Currency

Print version

Servicing Correspondent Accounts in Hryvnias and Foreign Currency

Payments in hryvnias and a foreign currency, including RCC

Competitive rates for banking transactions through a correspondent account

Prolonged operating day

Accelerated payments within Ukraine (with use of branch network)

Transfer of client's funds and funds of correspondent banks of JSPPB Aval in real time mode.

Possibility to place temporary free funds directly on the correspondent account at current rates of interbank market.

Providing non-resident banks with consultations concerning procedures for execution of payment documents with consideration of requirements of Ukrainian foreign currency legislation and instructions of the National Bank of Ukraine

Individual approach to keeping an account of each correspondent bank;

Fixed yield on balances on the correspondent accounts.

Use of correspondent banking and branch network of JSPPB Aval for clearing transactions in hryvnias will allow:

To reduce time required to settle accounts between clients of our banks;

To exclude bank fees (internal payments are free of charge)

Having opened an account with our Bank, you shall be able:

To make payment in any currency throughout the world;

To place and attract deposits in hryvnia, free convertible currency and RCC;

To carry out wholesale transactions related to supplies and purchase of bank notes;

To obtain on-line market data.

Settling accounts shall be made in the form of:

Exports and imports documentary Letters of Credit;

Exports and imports collections

We hope that our experience in work with banks and commercial structures of Ukraine, as well as CIS and Baltic countries, countries of Western Europe, our perfect flexible programmes for mutually beneficial co-operation will allow you to satisfy your needs for contemporary banking services.

You are advised to call our Financial Institutions Department on all or any services provided for correspondent banks by telephone numbers:(044) 490-87-52, 495-40-67,495-40-68

Rates for opening and keeping a multi-currency correspondent account

1.1.

Opening a multi-currency correspondent account

UAH 250

1.2.

Limiting balance of a correspondent account

N/A

1.3.

Freezing a multi-currency correspondent account

UAH 80

Within 3 banking days

1.4.

Confirmation of balances of correspondent banks on inquiry of banks and auditing companies

USD 250

Within 3 banking days

1.5.

Re-registration of documents in connection with

changing of bank name

form of legal entity’s incorporation

opening additional currency positions on multy currency account

translation and legalization of documents which are necessary for account opening

UAN 210

UAN 210.

UAN 110.

USD 300

Transactions in hryvnias Rates for transactions on a correspondent account

2.1.

Outgoing customer’s transfer outside RB Aval network

UAH 2

2.2.

Interbank transfer outside RB Aval

UAH 2

2.3.

Change payment transfer details before accepting for execution

UAH 50

2.4.

Change payment transfer details after accepting for execution:

for residents;

for non-residents

UAH 150

UAH 50

2.5.

Cancellation of outgoing payment which was not sent from the bank

UAH 50

2.6.

Cancellation of outgoing payment which was sent from the bank

UAH 150

2.7.

Confirmation of date of crediting funds to beneficiary

UAH 150

2.8.

Investigating for a payment at the bank’s request:

sent from the bank;

not received by the bank

UAH 150

Statements of account and other data on accounts

3.1.

Issue of duplicate statements and attachments thereto

UAH 20

Foreign currency transactions.
Transactions on a correspondent account

4.1.

Client money transfer to another bank (more than USD 100):

in hard currency;

in soft currency

USD 15

USD 5

4.2.

Inter-bank money transfer:

in hard currency;

in soft currency.

USD 5

USD 3

4.3.

Crediting funds on Interim Statement

USD 20

4.4.

Transactions after cut-off time

USD 5 in addition

4.5.

Amendment or recalling of payment order before its acceptance for execution by the bank

USD 10

4.6.

Amendment or recalling of payment order after its acceptance by the bank:

external payments;

interim payments

USD 50

USD 30

4.7.

Cancellation of outgoing payment which was not sent from the bank

USD 10

4.8.

Cancellation of outgoing payment which was sent from the bank

USD 30

4.9.

Confirmation of date of crediting funds to beneficiary

USD 50

4.10.

Investigations on payments on the Bank’s demand:

а) sent by the bank:up to 1 month

more then 1 month

b) not received by the bank: up to 1 month

more then 1 month

USD 30

USD 50

USD 30

USD 50

4.11.

Overdraft

As agreed

4.12.

Conversion of funds on the bank’s correspondent account

Market rate

4.13.

Debiting of cash on correspondent accounts at the bank: in foreign currency:

valid notes;

invalid notes;

in coin

As agreed Min —0.05%

As agreed Min —1.5%

As agreed Min —15%

Commission fee shall be in foreign currency

4.14.

Replenishment of working cash of residents

As agreed Min —0.1%

Statements and other data of the account

5.1.

Issue of duplicate statements and attachments thereto

USD 10

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