Banknote business

Finance & Credit Bank positioned itself as a leading player in the bank metals market in 2006
      
The Bank imports bank gold, silver, platinum and palladium as well as investment coins of various denominations and countries. In 2006, Finance & Credit Bank imported 513.1 kg of bank metals (gold) and 2,600 gold investment coins.

In 2006, Finance & Credit Bank imported Maple Leaf silver investment coins (Canada), and several series of gold investment coins: Panda (China), Maple Leaf (Canada), American Eagle (USA), Krugerrand (SAR), Kangaroo (Australia), and Philharmonic (Austria).

The Bank is the first to have imported a unique series of gold investment coins Britannia (England) into the Ukrainian market.

The Bank's customers have the opportunity to buy bank metals that meet international quality standards:

   The range of services offered by the Bank includes:
 

• purchase and sale of coins and small bullion bars
• purchase and sale of precious metals on behalf of customers
• opening and servicing of bullion accounts, both current and deposit, as well as safekeeping accounts
• accepting precious metals from customers for safekeeping
• exchanging bullion bars (standard for small, small for standard, and small bars for small bars of different denominations)
• extending credit in national and international currencies against security in the form of bank metals
• precious metals transactions on the international market
• depositing bank metals on behalf of the Bank and at the customer's expense in accounts with other banks
• transportation of bank metals
  
  Finance & Credit Bank provides bank metals and coins delivery services to 28 banks.

• gold (bullion bars in sizes ranging from 1 to 1,000 grams)
• silver (100-gram bullion bars)
• platinum
• palladium

Money transfers

«ÀVERS»

AVERS is an international system of money transfers developed and introduced in 2006. Also in 2006, Finance & Credit Bank and the LEADER International Money Transfers System (Russia) signed an agreement establishing the International Union of Money Transfer Systems, making it possible to expand the AVERS system to over 2,000 money transfer agent locations in 13 countries.

The Bank's own network of the AVERS money transfer system comprises 504 agent locations in all regions of Ukraine. Finance & Credit Bank provides money-transfer services via the AVERS system in cooperation with 24 Ukrainian agent banks.

In 2006, the volume of money transfers via the AVERS system totaled:

- UAH 145.28 mln.
- USD 2.75 mln.

        Also in 2006, the Bank signed contracts with Kyivstar GSM, Ukrainian Mobile Communication (UMC), and Da-Card Plus, enabling customers to use the AVERS system to pay their mobile phone bills or prepay services of Kyivstar, UMC, Kyivstar Ace & Base, UMC Sim-Sim, Beeline, Jeans, Life, Mobi, and Djuice.
        The Bank has issued VIP Customer cards for AVERS system users, enabling them to make money transfers at a special discounted rate (0.5% of the transfer amount). As of January 1, 2007, there were 1,500 holders of VIP Customer cards of the AVERS system.


"Western Union"

        Finance & Credit Bank is a direct agent of the Western Union money transfer system, and has 37 agent banks in Ukraine. The Bank's network of Western Union agent locations in Ukraine includes 787 locations.

         In 2006, Finance & Credit Bank started providing Quick Cash and Quick Pay services via the Western Union system, enabling money transfers among individuals and corporations worldwide.

In 2006, the volume of money transfers via the Western Union system totaled:

- UAH 6.6 mln.
- USD 43.5 mln

«Anelik»

In 2006, Finance & Credit Bank became a direct agent of the international system of money transfers Anelik, which has over 80,000 agent locations.



MoneyGram
        The Bank also cooperates with MoneyGram, a system of express money transfers uniting 79,000 agent locations in 170 countries.

Import and export of foreign currencies in cash

         Finance & Credit Bank cooperates with 123 financial institutions in exporting and importing foreign currencies - US dollars and euros – to and from all regions of Ukraine. In 2006, the Bank imported US$ 2.045 bln and EUR 37 mln into Ukraine, and exported US$ 28.62 mln and EUR 9.07 mln.

        Finance & Credit Bank cooperates with 50 banks in collecting worn or torn foreign currency bills.