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Bank Guarantees
At Inecobank we offer our corporate customer Bank Guarantee to reduce the risks related to the payments and other commitments.
International Guarantees
Guarantees provided to beneficiaries operating outside RA
Guarantee issuance fee
0.15%; minimum AMD 40 000
Amendment fee
AMD 30 000
Cancellation fee
AMD 30 000
Payment in case of demand
0.5%; minimum AMD 50 000
Guarantee service fee
upon agreement
Guarantees issued by other banks
Guarantee advising fee
AMD 25 000
Amendment fee
AMD 15 000
Demand issuance fee
AMD 20 000
Confirmation
upon agreement
Bank Guarantees Issued in Favor of Beneficiaries Operating in the Territory of RA
Guarantee issuance fee
AMD 25 000
Cancellation fee
AMD 15 000
Amendment fee
AMD 15 000
Payment in case of demand
0.5%, minimum AMD 10 000
Guarantee service fee
- In case of cash collateral: 1-3% annually
- in case of other collateral: 2-5% annually
Updated as of 10.05.2024 15:40