Trade finance Trade finance services for financial institutions Development of cooperation with financial institutions has always been one of the top priorities of international business of BPS-Sberbank. Today the Bank’s partners are more than 100 financial institutions all over the world, and with many of them we have been working for more than 20 years. BPS-Sberbank is open for cooperation and establishment of new business contacts. We are open for discussion of any opportunities of cooperation in trade finance, including confirmation of export letters of credit in favour of BPS-Sberbank customers, issuance of bank guarantees against counter guarantees of other banks, issuance of irrevocable reimbursement undertakings by order of counterparty banks. These operations can be structured within clean risk limits set on the counterparty bank, as well as against security provided as cash collateral, or under specialized international trade finance projects: BPS-Sberbank is a confirming bank of International Finance Corporation (IFC) and European Bank for Reconstruction and Development (EBRD). (IFC) и Европейского банка реконструкции и развития (EBRD). Bank guarantees Customs duty guarantee BPS-Sberbank is an official guarantor of customs duty payments acknowledged by the State Customs Committee of the Republic of Belarus, and is ready to consider issuance of customs duty guarantees by order of financial institutions in support of obligations of non-resident companies, e.g. when such companies provide transportation services and/or move the goods across the border of the Customs Union. Tender guarantee and performance guarantee BPS-Sberbank is open for consideration of issuance of tender and performance guarantees by order of financial institutions, in support of obligations of non-residents of the Republic of Belarus on participation in tenders and bidding process for supply of equipment/goods or provision of services in the Republic of Belarus. For many years, we are working in the area of support of participation in tenders and biddings arranged by the largest public and private companies of the Republic of Belarus including oil processing and chemical, energy and heat generation, telecommunication companies and public authorities and agencies. BPS-Sberbank is open for consideration of issuance of other bank guarantees by order of financial institutions, including payment guarantees, advance guarantees, loan repayment guarantees and others, as well as advise guarantees issued by other banks in favour of Belarusian companies and customers of BPS-Sberbank. Letters of credit and reimbursement undertakings BPS-Sberbank is open for consideration of execution of the following operations by order of financial institutions: Advising of letters credit issued in favour of Belarusian companies and customers of BPS-Sberbank; Confirmation of letters of credit , issued by financial institutions in favour of customers of BPS-Sberbank; Issue of letters of credit (including standby L/Cs) by instruction of financial institutions; Issue of irrevocable reimbursement undertakings in support of obligations of financial institutions. Cooperation with international financial organizations BPS-Sberbank participates as a confirming bank in the following international programs: Global Trade Finance Program (GTFP) of International Finance Corporation (IFC); Trade Facilitation Program (TFP) of European Bank for Reconstruction and Development (EBRD) ; Cooperation with international financial organizations BPS-Sberbank participates as a confirming bank in the following international programs: Global Trade Finance Program (GTFP) of International Finance Corporation (IFC); Trade Facilitation Program (TFP) of European Bank for Reconstruction and Development (EBRD). There is also the framework trade finance agreement concluded between BPS-Sberbank and Eurasian Bank for Development (EABD). In case of interest in trade finance transactions, please contact: Trade Finance Structuring Division phone: +375 17 289 42 51 phone: +375 17 289 47 35 phone: +375 17 359 92 62 e-mail: tradefinance@bps-sberbank.by (on general issues of cooperation and execution of trade finance transactions) Trade Finance Transaction Support Division phone: +375 17 289 46 32 phone: +375 17 359 93 04 e-mail: docoperations@bps-sberbank.by (on the issues of advising L/Cs and guarantees, payment of fees, payments under L/Cs, verification of documents etc.)