SKB-Bank ready to offer 170m RUR worth of customs guarantees

24 January 2007 (11:56)

SKB-Bank is ready to offer its clients 170m RUR worth of customs guarantees. This is the sum determined for the bank by the local customs.

A customs guarantee is a way of securing the payment of import and export fees, import-related VAT, excise duties, and customs duties. The use of the customs guarantees helps a business make its money management more effective as the corporate funds are left intact.

SKB-Bank has been the authorized dealer acting within the framework of the Russian Federation Customs Code since 2004. The upper limit of a single customs guarantee comes to 35m RUR at the moment.

‘Raising this upper limit means we can promote the service further and involve more companies that might be interested in our offer,’ says Deputy Lending Director Ilya Khersontsev.

This information was reported by the spokesperson for SKB-Bank.


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