Cash management
By opening a current account, our customers gain access to all principal financial services. Customers can hold current accounts in UAH or in foreign currencies. Customers are informed of the transactions performed on their accounts by means of account statements. The manner and frequency of delivery of the statements can be agreed individually. The original statements can be picked up in person or sent by post to an address specified by the customer. Furthermore, we offer our customers the option to open temporary accounts for the purpose of depositing their registered capital when creative company.
Domestic payments are Ukrainian Hryvnia transfers between partners holding accounts with different Ukrainian banks (as well as with the same Ukrainian bank).
International payments are subject to strict foreign currency control and require submission of relevant set of documents to the bank.
The Bank’s customers may exchange foreign currencies in cash and non-cash. Cash bargains and sales at our bank are available only in EUR, USD and GBP.
Non-resident loans servicing
The Bank offers the possibility to its corporate customers to deposit funds in local and foreign currency for a predefined term under favorable conditions and profitability guaranteed. Corporate clients have possibility for negotiating terms and conditions on the deposit accounts tailored to the customers’ needs.
Electronic banking client program installed into personal computers, which can be used to query current information on the client, interest and exchange rates, submit instructions for transfers and FX operations, as well as send fixed- and free-format letters.
Despite a development of a number of different forms of payment, cash still prevails as a means of payment. Cash is mostly used for minor payments, especially in retail trade or other payments with private individuals. That is why we offer our clients a full range of cash services.
Tax promissory note can be issued by the legal entity importing goods (raw materials) for the amount of VAT calculated on value of imported goods and to be paid within certain period or redeemed with VAT to be reimbursement. Tax promissory note confirms the right to delay VAT payment.
