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Ukrsotsbank Factsheet

Documentary Letter of Credit (LC) shall mean a method of payment where bank by the order of its client (buyer under contract/applicant under LC) is obliged to effect payment in favour of seller (beneficiary) for shipped goods and/or performed works, and/or rendered services against specified documents if terms and conditions of LC are fulfilled.

In LCs transactions all involved parties deal only with documents and not with goods, services or other types of performance of obligations, to which the documents may relate.

Advantages:

  • possibility to avoid advance payments with their disadvantages;
  • possibility to use as payment security instrument in countries all over the world;
  • seller can be sure that a certain amount for goods shipped will be paid in time;
  • payment under LC will be effected only when specified documents confirm that the seller has met the requirements stipulated in the LC;
  • possibility to take advantages of financing of international trade as cheaper operation in comparison with standard credit;
  • high level of international legal reliability.


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Currency rates
Cash rates
19.09.2019 Bid Ask
UAH/USD 24.4000 24.7000
UAH/EUR 26.8500 27.3000
UAH/RUB 0.3610 0.3890
Archive of currencies
Cashless rates
19.09.2019 Bid Ask
UAH/USD 24.5900 24.6500
UAH/EUR 27.1500 27.2400
UAH/RUB 0.3826 0.3840
UAH/CHF 24.8000 24.8800
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19.09.2019 Write-off Return
UAH/USD 24.9000 24.3000
UAH/EUR 27.5000 26.7000
USD/UAH 0.0412 0.0402
EUR/UAH 0.0375 0.0364
USD/EUR 1.1317 1.0723
EUR/USD 0.9326 0.8836
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Calls from fixed and mobile networks in Ukraine are free of charge.

Number to be used for calls from mobile number within Ukraine for Vodafone, Kyivstar, lifecell subscribers.

Rates according to tariff plan used by user.

The callback service for mobile calls.

International and domestic calls according to the tariffs of the operator.

Rates apply to the actual date of writing-off from the account and are close to the bank’s exchange rate while blocking the necessary amount at the time of the transaction fulfilment.
At first card account currency is stated, hereafter the settlement currency with payment system is indicated.
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