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Bank guarantee shall mean an irrevocable commitment of bank to pay a certain amount to beneficiary if the third party (principal under guarantee) fails to fulfill its obligations to beneficiary.

Advantages of guarantees:

  • universal and reliable instrument of security of different types of obligations of contracting parties;
  • good instrument of trade finance.
The most widespread types of guarantees:

Bid Bond.

When tendering companies-bidders can be requested to provide along with their proposal (bid) also a bid bond that ensures payment of guaranteed amount of money in case if:

  • bidder withdraws its bid before its expiration;
  • winner of tender refuses to accept placed order (to conclude contract);
  • winner of tender does not provide performance bond (in case if granting of such bond is specified in conditions of the tender).

Such guarantees are short-term and to be valid up to signing of contract or granting of performance bond.

Performance Bond.

On the basis of performance bond the bank by seller’s order undertakes to pay specified amount to beneficiary if seller fails to fulfill its contractual obligations as regard to goods delivery (works performance, services rendering) or their fulfillment does not correspond to terms and conditions of the contract.

Period of validity of guarantee must exceed the term of fulfillment of obligations by seller under the contract.

Advance Payment Guarantee.

When dealing with large orders, payment terms in majority of cases provide advance payment. However buyer can agree for its fulfillment only upon receipt of Advance Payment Guarantee that provides for reimbursement of advance payment if seller does not fulfill its obligations to deliver certain goods (perform works, render services) under contract.

Amount of the guarantee is equal to the amount of advance payment. Advance Payment Guarantee, as a rule, shall be granted before advance payment is effected by buyer, though it comes into force only after receipt of advance payment to seller’s account in the agreed amount.

Payment Guarantee.

Purpose of this guarantee is to ensure fulfillment of buyer’s payment obligations towards seller as to payment for delivered goods (performed works, rendered services) within the agreed term.

Standby Letter of Credit.

This instrument can be used as an alternative to any of the above-mentioned types of guarantees and can be used in certain cases when legislation of country of your counterparty does not allow providing guarantees.

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Currency rates
Cash rates
06.04.2020 Bid Ask
UAH/USD 26.8500 27.3800
UAH/EUR 28.8600 29.5700
UAH/RUB 0.3350 0.3570
Archive of currencies
Cashless rates
06.04.2020 Bid Ask
UAH/USD 27.2200 27.3000
UAH/EUR 29.4000 29.5300
UAH/RUB 0.3557 0.3572
Archive of currencies
Rates on cards
16.10.2019 Write-off Return
UAH/USD 24.9000 24.3000
UAH/EUR 27.4500 26.7500
USD/UAH 0.0412 0.0402
EUR/UAH 0.0374 0.0364
USD/EUR 1.1296 1.0743
EUR/USD 0.9308 0.8852
Archive of currencies

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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