Letter of credit

For the security of your movable and immovable property sale transactions, as well as the provision of services.

Letter of credit

Letter of credit is —

when the Bank undertakes to pay out money to the person who sold the goods or rendered services, as well as to give such authority to another bank.

Why do I need a letter of credit

For a transaction security. To ensure that the buyer is guaranteed to receive the goods or services, and the seller - payment for them.

If you are a Buyer

  • Guarantee

    Be assured of timely delivery of goods or services

  • Commission - 0,25%

    Minimum interest for safe storage and payment to the counterparty

  • Payment – post factum

    First you receive a good or service and then you allow payment

  • Control

    The Bank will carefully check all the documents of your counterparty before issuing the money to him

  • Financing

    Open a credit facility at the Bank to pay for the letter of credit

  • Review time – 1 day

    Make important international trade deals at the right moment

If you are a Seller

  • Guarantee

    Receive a letter of credit and be assured of payment for your goods and services

  • Commission - 0 tenge

    All costs associated with opening a letter of credit belong to the Buyer

  • No country risks

    You will not be affected by the political, economic or legal conditions of the contracting party's country

  • Control

    The Bank will carefully check all banknotes from your counterparty and give them to you

  • Stand-by letter of credit

    Same bank guarantee if your counterparty fails to meet its obligations

  • Your Bank

    You receive money in your country and in the Bank you trust

If you're an intermediary

  • Guarantee

    You receive payment for your services by transfer letter of credit

  • Money management

    It’s up to you which part of the letter of credit to give to your subcontractor

  • Without own funds

    Make intermediary transactions and do not invest your money in the process

  • No risks

    You get your margin without taking ownership of the product

  • Deal financing

    Your customers can borrow letters of credit from the Bank and your demand will increase!

  • International standard

    Our financial instruments are recognized almost worldwide

 

Leave your request now

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Bank guarantees

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To ensure the fulfillment of your obligations under a tender, agreements, advance payment refund, timely payment, as well as international transactions.
Documentary collection

Documentary collection

For importers and exporters for reliable protection of trade transactions!
Financing of corporate clients

Financing of corporate clients

Submit an application and receive money for development of your enterprise in KZT, USD or EUR!

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User-friendly interface, remote IE account opening, payments and transfers, payment of taxes and payments to the budget, intra-bank transfers between payment cards and IE accounts, viewing the balance, account statements, references and details, blocking/unblocking of the card and much more

ATFBusiness – Time to run business through a mobile phone