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Guarantees for import/export of goods
General information

Guarantees for import/export of goods approved by foreign banks.

The Guarantees are provided for import/export of goods and are approved by the European Bank for Reconstruction and Development.

The Guarantees are provided within 1-2 weeks. Fixed and current assets owned by the company or sole entrepreneur can be considered as a pledge. As an additional security the Guarantees of the main shareholders and their related parties may be required.

The Guarantees are provided for up to 6 months. The estimation of the loan interests is done based on 365-day per annum calculation.

The main tariffs of the Guarantees are presented in the below table.

Additional commission fee for the bank account service (is paid upon Guarantee provision)

Annual interest rate (not more than)

Note

    

                50,000AMD

   
       7-9%,                        

  min. 75,000 AMD

  • The intermediary bank servicing fees are not included
  • The interest charging procedure is determined by the agreement














 

Annual interest rate of Guarantee secured by cash - ap to 3 %, additional commission fee for bank acount servicing - 10 000 AMD. 

Guarantees for import/export of goods (without approval)
The Guarantees are provided for import/export of goods.

The Guarantees are provided within 1-2 weeks. Fixed and current assets owned by the company or sole entrepreneur can be considered as a pledge. As an additional security the Guarantees of the main shareholders and their related parties may be required.

The Guarantees are provided up to 12 months. The estimation of the loan interests is done based on 365-day per annum calculation.

The main tariffs of the Guarantees are presented in the below table.

Additional commission fee for the bank account service (is paid upon Guarantee provision)

Annual interest rate (not more than)

Note

             

               

                25,000 AMD

                

       

        5-6%                        

  • The intermediary bank service fees are not included
  • The interest charging procedure is determined by the agreement


Annual interest rate of Guarantee secured by cash and additional commission fee for bank acount servicing are stipulated by agreement.

The bank may make changes and additions to the tariffs of which the Bank informs the Customers by providing that information in the customer service premises. The changes and additions become valid starting from the time specified by the Bank and have no reverse power.


Updated 17.08.2010 at 16:51
 
 
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