Trade Finance

Guarantees

The guarantee is an instrument of securing payment or performance of contractual obligations which the bank guarantees that the principal guarantees to fulfil all obligations stated in the warranty to guarantee the agreed period.

Universal Capital Bank offers the issuance of all types of guarantees in the country and abroad:

  •  Customs,
  •  Payment,
  •  Tender,
  •  Performance

 

Letters of Credit

Bank offers two types of letters of credit:

  • letters of demand and
  • letters of credit with deferred payment.

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