Documentary encashment

Documentary encashment
Documentary encashment
Documentary encashment


You can use this service if, for a trade transaction, you simply need an intermediary who would provide documents confirming the shipment of goods in exchange for payment.

Benefits for the Buyer:

  • Payment is made for already delivered goods, which means that funds are not diverted from circulation.
  • The bank checks the correctness of the shipping papers.
  • Documents can be reviewed prior to payment.

Benefits for the Seller:

  • Documents are not issued to the buyer until payment is made.

Rates

Name Rate Min Max
Reception/Issuance of documents 0.3% (one time) USD 150
Return to the bank of documents/bills of exchange put up for collection, but not paid by the client USD 50

SWIFT Message Fee: According to the Bank's tariffs

Certificates, requests: KGS 2,500

Post expenses: According to courier service rates