Дата обновления: 11.06.2025, 12:07
Letter of credit
It is the Bank's obligation to make payment in favor of beneficiary
Advantages
minimum set of documents
low rate
qualified expertise
conversion of a covered letter of credit into an uncovered letter of credit and vice versa
issuance, fulfilment, advising, confirmation
Possible ways provision
Covered letter of credit
(availability of 100% money covering)
Uncovered letter of credit
(availability of credit line or pledged property)
Partial covering of letter of credit
(usage of both money covering and credit line/pledged property in the necessary amount for an Applicant)
If a Beneficiary needs a confirmation on letter of credit (first class or any other bank), JSCB "Tenge Bank" provides you with this service by using wide set of banks-partners of Halyk Group all over the world.
Processing procedure
1
To have a current account in the Bank
2
To approach the Bank for opening letter of credit
3
To present an application and conclude an agreement about service of letter of credit