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Home / Banking Services / Corporate banking / Customs Guarantee

 

Guarantees in Favor of Customs Bodies

In accordance with the ruling of the State Customs Committee of the Russian Federation #206 issued on August 1, 2001, Absolut Bank was included in the register of banks and other organizations, which can act as guarantors to customs bodies.


The permission to perform such activity is valid until August 1, 2004. Absolut Bank has set the maximum limit for a single banking guarantee at US $5 million and the maximum total sum of all valid guarantees at US $25 million.

Currently, Absolut Bank can guarantee fulfillment of the following obligations by foreign trade participants to customs bodies:

Importers' obligations to customs bodies concerning goods subject to mandatory marking by excise tax labels (in accordance with the Customs Committee's letter #01-06/1990 issued on January 31, 2000).

Obligations of customs warehouses' owners concerning goods kept at those warehouses (in accordance with the Customs Committee's letter #01-06/4459 issued on February 5, 2001).

For information, please contact the Correspondent Relations Department at +7 495 995 10 18.

 

 
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