Letters of Credit and Guarantees

OJSC "Bank Eskhata" offers financing products for export and import transactions for its partner banks customers. Financing can be made on short and long term base up to three years. Operations are carried out in freely convertible currencies, as well as in the currency of the Russian Federation.
The Bank has rich experience in servicing foreign clients' contracts from partner banks. Covering needs of the international trade with enterprises of CIS and foreign countries, the Bank carries out operations of opening confirmed letters of credit including post-financing, putting up guarantees in the form of Stand By letters of credit and usage of credit lines of foreign banks .
At present OJSC "Bank Eskhata" has credit lines of the world's largest banks and it cooperates in trade finance, documentary transactions with financial institutions such as Commerzbank AG (Germany), European Bank for Reconstruction and Development (London, England) , International Finance Corporation (New York, USA), the Asian Development Bank (Philippines), PSB ( Moscow, Russia) , Novikombank ( Moscow, Russia), Kazkommertsbank (Almaty, Kazakhstan ).
We offer advantageous conditions for servicing foreign clients' contracts from partner banks. Bank employees make consulting to clients on subjects of foreign trade and international payments, they carry out the optimization of settlement schemes under foreign trade contracts, they minimize costs and risks of the client , and as well they do assistance in drafting contracts.
Our Bank offers following services about letters of credit:
  • Issuing LC ,
  • Confirmation of LC,
  • Providing funding for LC,
  • Advising of LC,
  • Issuing all kinds of guarantees,
  • Attracting confirmation by third banks