Correspondent relationship

 

In order to provide its customers with rapid and high-quality services on customer's payments INDUSTRIALBANK has a large network of correspondent banks subject to constant extension.
Presently the principal correspondents of INDUSTRIALBANK are:

Moreover, Bank has correspondent relationship with a range of Ukrainian banks (NOSTRO and VOSTRO accounts):

INDUSTRIALBANK offers the following services:

Hrivna settlement transactions:

  •  Opening of correspondent account and full package of services thereunder
  •  Settlements via system of electronic payment s (SEP)
  •  Execution of orders under account till 5:00 p.m. Kiev time, in pre-holidays – till 4:00 p.m.
  •  Crediting of funds into correspondent accounts till 7:30 p.m. Kiev time.
  •  Assistance in return, change of payment details, investigations of funds not received and expected by beneficiary without extra charges.
  •  Possibility to use any convenient type of telecommunications (SWIFT, “Bank-Client”, etc.).
  •  Assistance of personal account manager.

 Foreign currencies settlement transactions in

  •  Opening of correspondent account and full package of services thereunder:
  •  USdollars and Euro settlements;
  •  Current value date settlements in USdollars, Russian and Belarussian roubles;
  •  Next value date Euro settlements;
  •  Interbank transfers in hard and weak currencies, including payments in favor or by order of correspondent banks’ customers.
  •  Assistance in return, change of payment details, investigations of funds not received and expected by beneficiary.
  •  Possibility to use any convenient type of telecommunications (SWIFT, “Bank-Client”, etc.).
  •  Assistance of personal account manager.

Documentary business and Trade finance

  •  Free advice on all types of transactions.
  •  Issuance of import documentary credits:
    •  uncovered ones subject to credit line;
    •  covered by securities, deposits, third party liability.
  •  Import documentary credits on the terms of deferred payment within 180-day period.
  •  Execution of documentary credit transactions with minimum expenses and in the shortest time.
  •  Avalizing and discounting of bills issued for payment of imported goods.
  •  Issuance of bank guarantees in favor of foreign suppliers.
  •  Funding of export transactions before payment by documentary credit.
  •  Documentary collection.
  •  Possibility to conduct documentary transactions in transit trade (back-to-back documentary credits, etc.)
  •  Interbank reimbursements.

 

For further information please contact Treasury department at tel.  +380-61-225-18-08, +380-61-225-18-71
 

 

 

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