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+7 (800) 200-77-99
+7 (495) 739-77-99
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Documentary services for banks

VTB Bank offers comprehensive documentary business solutions for counterpart banks:

  • Opens letters of credit upon the order of counterpart banks;
  • Advises counterpart banks on letters of credit opened in their favour and changes in these letters of credits, with or without additional endorsement from VTB Bank;
  • Makes payments under reimbursement authorisation from foreign and Russian correspondent banks on letters of credit opened by these banks;
  • Issues reimbursement undertakings upon the request of counterpart banks;
  • Endorses letters of credit for counterpart banks;
  • Issues guarantees/opens stand-by letters of credit in favour of beneficiaries against counter indemnity from counterpart banks.
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