International settlements

For corporate clients

Settlements in foreign currencies with speed and quality guaranteed through the use of modern electronic communication systems constitutes one of priority areas of comprehensive servicing of the Bank's clients.

PRAVEX-BANK offers its clients services of the use of all known forms in international settlement: bank transfer, letter of credit (L/C), clean and documentary collection.

Transactions connected with the use of documentary letters of credit and documented collection in international settlement constitutes one of our business areas. The use of documentary forms of settlement and their combination allows making the payment conditions of foreign trade agreements more flexible, secure, and as convenient as possible for trade partners. Taking into consideration the ins and outs and the relatively complicated mechanism of settlements by letters of credit, the Interbank Relations Department provides support to clients on all matters.

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