Documentary Operations

VTB Bank offers favorable conditions of documentary operation service

Bank Guarantee

% for annual service - Issuing fee 0.5% (min. GEL 100) + from 1.5% per annum
Payment of guarantee - 0.15% min. 50 - max. 450 units

Letter of credit

Issuing of the letter of credit: 0.3% (min.120 USD)
Taking up of documents and payment: 0.2% (min. 120 USD)

Documentary collection

Advising of documentary collection: 20 USD
Monitoring and payment of the collection of payment : 0.2% (min. 50 USD, max. 100 USD)

Factoring operations

Bank pays in advance up to 80 % of the value of supplied goods/ provided service