Documentary Business

Dinar loans and dinar loans with foreign currency clause

Srpska banka a.d. issues following types of guarantees to its clients:

• Payment guarantees
• Performance guarantees (performance bonds, advance payment guarantees, bid bonds, guarantees for defect repairments in warranty period)

Required documentation for issuance of guarantees and letters of good intent to issue guarantees

Foreign currency Letters of Guarantee

At the request of its clients, Srpska banka a.d. issues all types of guarantees (performance guarantees, payment guarantees, …)

Discount of Bills of Exchange

Srpska banka a.d. performs Bills of Exchange discounts for its clients, where Srpska banka a.d. has an agreement of Bill of Exchange discount with the drawers of the discounted Bills.
In this way, clients are offered with the possibility of obtaining liquid funds, necessary for their business operations, before the due date, stated on the Bill of Exchange.

Required documentation for discount of Bills of Exchange

Letters of Credit

Documentary Letter of Credit is a payment and security instrument widely spread in international trade of goods and services. It owes its wide presence to the fact that it represents the payment instrument protecting equally interests of both the buyer (the importer) and the seller (the exporter). The buyer can be sure that he will receive the contracted goods and services and the seller is sure that he will receive payment for delivered goods and performed services, if the same are in accordance with the terms stipulated in the contract.
Documentary Letter of Credit represents irrevocable undertaking of the issuing bank (bank that has issued Letter of Credit) to pay the amount of documents related to delivered goods or performed service, if documents are presented to the bank in accordance with the terms and conditions stipulated in the text of Letter of Credit.
High expertise and long standing experience of employees, as well as wide network of correspondent banks, enable realization of all Letter of Credit transactions in a quality and efficient manner.

Nostro (Import) Letters of Credit
Bank offers to its clients necessary consulting services, prior to Letter of Credit issuance, in respect of defining of financial clauses of the Contract, provides assistance in preparation of Letter of Credit draft in accordance with the terms of the underlying contract, issues Letters of Credit according to received instructions, unconfirmed Letters of Credit, as well as Letters of Credit confirmed by world’s first class banks.

Loro (Export) Letters of Credit
Bank provides its clients with necessary instructions and expert advice in respect of loro Letters of Credit, advises to its clients loro Letters of Credit, issued in their favour and offers assistance in preparation of documents required for presentation under Letters of Credit.

Order form for Letter of Credit issuance