Bill avalization from Ukreximbank is a guarantee of a bank to make a payment on a bill in case of failure by the payer of to fulfill its payment obligations thereunder.
Avalization of commodity bills issued for the goods delivered, works performed, services rendered
| Type of Bill | Promissory notes, accepted bills of exchange |
|---|---|
| Currency | UAH |
| Maturity of a Line | Up to 24 months |
| Bill Maturity | Up to 12 months |
| Security | Pledge, mortgage or other guarantee obligation |
| Rate | 1-4% p.a. (depending on the type of pledge, aval maturity and transaction limit) |
Advantages for a Bill Drawer (Buyer of Goods):
Advantages for a Bill Holder (Seller of Goods):
| Type of Bill | Promissory Notes |
|---|---|
| Currency | UAH |
| Maturity of a Line | Up to 24 months |
| Bill Maturity | Up to 90 days Up to 180 days |
| Security | Pledge, mortgage, suretyship |
| Rate | Starting from 0,1% of bill amount (depending on the maturity and limit) |
