Bank guarantees

Bank Guarantee — it is an undertaking/promise given by a Bank on behalf of the Applicant and in favour of the Beneficiary. Whereas, the Bank has agreed and undertakes that, if the Applicant failed to fulfill his obligations either Financial or Performance as per the Agreement made between the Applicant and the Beneficiary, then the Guarantor Bank on behalf of the Applicant will make payment of the guarantee amount to the Beneficiary upon receipt of a demand or claim from the Beneficiary.

PJSC CB “Center’ offer for your clients the following Guarantee products and services:

• tender guarantees;
• contract performance security guarantees;
• payment guarantees;
• advance payment guarantees;
• civil liability guarantees for travel agents and tour operators;

Bank Guarantees issued in national and foreign currencies, as collateral may be: 

• cash;
• real estate (residential and non-residential)
• fixed assets (equipment, vehicles, etc.);
• commodity stocks and supplies on stock or in-trade;
• corporate or individual surety;
• other forms of collateral.

Tariffs for Bank Guarantee issuing in national currency

Name of operation(services)

Cost

1. Commission for issuing of Guarantee/Counter-Guarantee

from 0,1% up to 1% from guarantee amount, but no less than UAH 500* 

2. Acknowledgement of advising guarantee

UAH 250

3. Amendments of a guarantee: 

 

3.1. increase in the amount of guarantee

0,1% from increasing amount (no less than UAH 500 and no more than UAH 5000)* 

3.2. other changes, early annulment etc.,

UAH 250 

4. Documents verification under guarantees demand

0,1 % from demand amount, but no less than UAH 400 and no more than UAH 5000* 

5. Payments for tender guarantee, contract performance security guarantees, implementation of agency rules ІАТА guarantees

0,1% from demand amount (but no less than UAH 500 and no more than UAH 5000)* 

6. Preliminary advising of guarantee

UAH 150

7. Sending of additional documents under guarantee

UAH 200

8. Queries under guarantee by client’s initiative

UAH 100

9. Guarantee servicing 

from 1% up to 7% annual, but no less than UAH 250*

10. General Agreement conclusion for issuing of documentary operations (guarantees)

In accordance with decision of Credit Committee

 

Tariffs for Bank Guarantee issuing in national currency

 

Name of operation(services)

Cost

1. Commission for issuing of Guarantee/Counter-Guarantee

In accordance with decision of Credit Committee, but no less than 2% annual

2. Acknowledgement of advising guarantee

UAH 250

3. Amendments of a guarantee: 

No less than UAH 200 and no more than UAH 500 

4. Documents verification under guarantees demand

0,1 % from demand amount, but no less than UAH 200 and no more than UAH 2500

5. Payments for tender guarantee, contract performance security guarantees, implementation of agency rules ІАТА guarantees 

0,1 % from demand amount, but no less than UAH 500 and no more than UAH 5000* 

6. Preliminary advising of guarantee

UAH 150

7. Sending of additional documents under guarantee

UAH 200

8. Queries under guarantee by client’s initiative

UAH 100

9. Guarantee servicing 

from 1% up to 7% annual, but no less than UAH 250*

10. General Agreement conclusion for issuing of documentary operations (guarantees) 

In accordance with decision of Credit Committee

 

For more information, please contact the Bank by calling (044) 393-74-00.
 
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