Evrofinance Mosnarbank offers its clients various ways of placing temporarily free funds to obtain additional income:

  • Deposits (term deposits)
  • Evrofinance Mosnarbank promissory notes
  • Certificates of deposit
  • Minimum account balance in foreign currency and rubles
  • Client funds management (construction of a financial portfolio)
  • Brokerage operations in the financial market


Evrofinance Mosnarbank has extensive experience in conducting settlement transactions both domestically and abroad. Throughout its development, the Bank has specialized in servicing the export and import operations of the Russian exporting enterprises.


Evrofinance Mosnarbank offers its clients the use of individual safety deposit boxes (safe deposit boxes), which are located in a special safety vault of the Bank equipped with modern security system and ensuring a high degree of protection.


The Bank provides a wide range of loan products in rubles and major currencies that are able to meet the borrowing needs of virtually any enterprise, regardless of its specific activity.


Evrofinance Mosnarbank is one of the leading participants of the Russian stock market. We provide professional services to our clients and partners, providing them with a full range of securities transactions permitted by the Russian legislation on the Moscow Exchange stock market.


As an active participant of the investment market, the Bank provides its clients with effective access to its opportunities, including direct investment in the equity of over-the-counter companies (Private Equity).


EVROFINANCE MOSNARBANK JSCB OJSC offers to its Clients a remote bank service system (hereinafter referred to as the Client-Bank System), developed by the company Bank Soft Systems (BSS), which allows our Clients to settle bank transactions and send official and aleatory documents to the Bank with the option of file enclosure via the Internet, without leaving the office.

Documentary letter of credit

A documentary letter of credit is a bank's obligation to make a payment to the letter's beneficiary after the latter presents the documents confirming all the conditions set in the letter have been met.

Settling payments by using letters of credit has its advantages. It allows importers to make sure that the specified volume of certain goods is shipped on time and under specific conditions. Exporters have the bank's guarantee that they will receive the payment for their goods, and thus the risks of failure to receive the payment are reduced to the minimum.

Using letters of credit requires more detailed consideration of payment terms for both the buyer and seller. EVROFINANCE MOSNARBANK specialists provide advice at this stage lest the clients should lose all the risk-reducing advantages offered by this way of payment.

EVROFINANCE MOSNARBANK offers a comprehensive set of services related to documentary letters of credit:

  • Opening covered and uncovered letters of credit and uncovered (guaranteed) letters of credit;
  • Opening "reserve" (stand by) letters of credit;
  • Changing terms of letters of credit;
  • Advising export letters of credits and amendments to them;
  • Transfer of a transferable letter of credit;
  • Acceptance and examination of the beneficiary's documents on advised letters of credit for further forwarding them to the issuer bank to receive payment there;
  • Requesting payments on advised letters of credit, placement of export sales revenues;
  • Acceptance and examination of documents sent by foreign banks to check if the payment is correct;
  • Issuance of reimbursement guarantees;
  • Making payments on open letters of credits;
  • Discount operations on documentary transactions (discounting bills, drafts, documents under documentary letters of credit);
  • Analysis of payment terms and/or drafting letters of credit by clients' requests.

EVROFINANCE MOSNARBANK complies with the effective Uniform Rules for Documentary Credits and Uniform Rules for Bank-to-Bank Reimbursement under Documentary Credits (published by the International Chamber of Commerce), international banking practices and the effective Russian legislation on currency control.

Ruble letters of credit are gaining increasing popularity as payment method in the domestic market today, as they provide business partners with better security in respect of contractual obligations. When paying with a letter of credit, the bank, acting at the payer’s instruction to open a letter of credit (issuing bank), undertakes to make payment to the payee against the latter’s presenting documents compliant with all of the terms of the letter of credit, or to authorize another bank (nominated bank) to make such payments. The issuing bank, the payee’s bank, or any other bank may act as the nominated bank.

Evrofinance Mosnarbank offers a full range of services for payments in the form of letters of credit:

  • Opening secured (deposited) letters of credit;
  • Opening revocable and irrevocable letters of credit;
  • Amending the terms of letters of credit at the client’s request, extending and canceling letters of credit;
  • Accepting and verifying documents pertaining to letters of credit;
  • Analyzing, at the client’s request, the payment terms of the contract and/or drawing up draft letters of credit.

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