Operations with promissory notes

To domicile a bill – this is payment of promissory note of your enterprise by Bank on your order and at your expense. The Bank can except bills for payment from legal promissory notes holders, perform payments on them and transfer bills to you after their full payment. A promissory note domicile significantly simplifies the payment procedure and expends it’s geographically which allows your counter agents to pay off the bill even in those regions where your enterprise does not factually exists. Domiciled bill in Kreditprombank will be paid independently of your account in the Bank.
Your bill will be paid in any of the regions where Kreditprombank is.

To aval bills – this is obligations purchase by the Bank by full or partial payment of the bill instead of persons liable under the bill. The Bank is obliged to pay the bill in the amount of aval provided. Thus, aval of the bills by Kreditprombank provides you the guarantee of your obligations before counter agents with whom you settle by bills which makes your bills as reliable payment instrument as bank’s guarantee. Lending at the expense of the aval of the bills is cheaper then receiving of ordinary bank loan. Existence of aval of the bank makes the bill more liquid which provides its free circulation on the Stock Exchange Market.

Bill discount – purchasing of a bill by the bank early for money funds with discount from bill holder.
Discounting the bill the client early receives money funds on the bill.

Basic tariffs

Bill collection – performance by the bank on your order the following operations with the bills:

• Transfer of bills against payments or accept;
• Transfer of bills under different terms.

Thus, the Bank can perform necessary operations with bills instead of you on your order.
Кредитпромбанк также осуществляет документарное инкассо – инкассо векселей с сопроводительными коммерческими документами.
Kreditprombank also performs documentary collection – bills collection with cover commercial documents. You can receive the payment on bill in other region without visiting it; Kreditprombank will do it instead.
Bills collection in Kreditprombank reduces the risk and costs, connected with bill presentation to be paid.