Guarantee of payment – ensures the fulfillment of payment obligations of buyers to sellers under the contract.
Guarantee of fulfillment – ensures the fulfillment of contractual obligations of sellers to buyers for the supply of goods/provision of services/performance of works.
Advance payment guarantee – ensures the fulfillment of sellers’ obligations to buyers to return the advance payment in case of non-fulfillment of their obligations under the contract (agreement).
UAH, USD, Euro
In accordance with the terms of tender documents or terms of agreement with counterparty
In accordance with the terms of tender documents or the agreement with counterparty, but not more than 12 months from the date of entering into force or extension of the validity.
Cash in the account at Piraeus Bank, property rights to the deposit with Piraeus Bank, other (non-monetary) collateral (movable/immovable property), acceptable to the Bank
Opportunity to obtain a bank guarantee provided by a foreign investment grade bank in the framework of participation in the EBRD Trade Facilitation Programme.
Bank’s Head Office Trade Finance Department:
Dear customer,
On July 21st, 2022, the National Bank of Ukraine introduced changes on the transactions and operations carried out abroad (outside of the territory of Ukraine) on Hryvnia (UAH) cards and accounts. Those new limitations are only related to operations, carried out abroad from UAH cards and accounts, whilst foreign currency cards and accounts have not been impacted from those restrictions. In detail:
UAH12.500 equivalent in foreign currency per 7 days from the first time of withdrawal. The limit is not calculated cumulatively.
UAH80.000 equivalent per calendar month for transactions at POS terminals (physical presence of card or NFC technology on phone), purchases on the internet secured by full 3DSecure* and recurring payments**.
UAH20.000 equivalent per calendar month for the rest type of online transactions.