Exchange Rate /2010-09-06

CurrencyOfficialBidAsk
USD1327.58

1316.50

1337.00

EUR1703.421660.00

1735.00

GBP2049.252000.002090.00
RUB43.2640.1044.20
CNY195.17192.10199.80
KRW1.131.001.40
 JPY15.7515.10

16.16

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International Settlement

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NIBM’s international settlement is executed through S.W.I.F.T (Society for Worldwide Interbank Financial Transactions) the most modern, secure and reliable financial networking system. Upon customer request, Bank Guarantee and Letter of Credit can be executed through SWIFT as well.

Trade Finance

Terms and conditions of trade finance shall be as stated below.

 

Issuance of guarantee abroad

Issuing a Guarantee abroad /upon request of a client/

0.2 - 1%

/min. 150 USD/

Increasing the amount of guarantee issued abroad

(From the sum added)

0.2 %

/min. 50 USD/

Amendment of guarantee terms /per each amended terms /

40 USD

Ceasing a guarantee issued abroad

45 USD

Notifying the Client of the Foreign guarantee

25 USD

Notifying the Client on changes in the terms of guarantee

10 USD

Notification /upon request of a Client/ on Permission to nullify of the Foreign Bankers’ Guarantee            

20 USD

Issuing a Guarantee on the base of Counter Guarantee

1.5 %

/min. 150 USD/

 

Covered Import L/C

L/C Issuance

300 USD

Amendment of L/C terms /per each amended terms /

25 USD 

L/C cancellation

2.5 % of the total value

Document discrepancy /per each discrepancy/

15 USD

Increasing the L/C amount

(0.2 % of the sum added)

 

Export L/C

L/C Issuance notification fee

40 USD

Export L/C receipt, review, Document

0.15 % of the total value

Checking and Settlement 

/Min.75 USD, Mаx.350USD/

Notification of amendments to L/C terms /per each amended terms /

10 USD

L/C cancellation notice upon customer’s request                  

30 USD