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Having opened an account with the clearinghouse of Kreditprombank, you make the payments under bills issued by you to the noteholders substantially easier. In compliance with the law, presentation of a bill at a clearinghouse is equal to the presentation of a bill for payment.
- The Bank accepts bills from noteholders in order to present them for payment and notifies a payer of bill on the presentation of such bill for payment.
- The Bank shall notify the payee of bill on the payment or on a rejection of payment of such bill.
- The Bank shall certify the presentation of a bill for payment with a due endorsement.
WHY KREDITPROMBANK?
- The services of the clearinghouse of Kreditprombank will reduce risks and expenses in connection with a presentation of a bill for payment.
- You may conclude a prior agreement of a presentation of a bill for payment, should your office be located beyond the area of payment under such bill.
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