Documentary letters of credit
EVROFINANCE MOSNARBANK offers a comprehensive set of services related to documentary letters of credit in Russian rubles and foreign currency including:
- issuance covered and uncovered of LCs;
- issuance "reserve" (stand by) of LCs;
- confirmation of letters of credit opened by other Russian and foreign banks;
- changing terms of a letter of credit;
- analysis of payment terms and/or drafting letters of credit by clients' requests;
- transfer of a transferable letter of credit;
- discounting operations, including discounting bills.
Evrofinance Mosnarbank's letters of credit for import deals are usually confirmed by Paris-based Banque Commerciale pour l'Europe du Nord - EUROBANK and thus are acceptable for foreign partners of Russian companies.