Tourism guarantees

Guarantee period	63 months
Guarantee maximum amount	UAH equivalent of 20,000 EUR (for tour operators); UAH equivalent of 10,000 EUR (for tour operators that provide services of domestic and inbound tourism); UAH equivalent of 2,000 EUR (for travelling agents)
Operation type	Bank guarantee of the payment
Guarantee currency	UAH
Commission	0,5% of the guaranty amount (minimum 280.00 UAH) per 1 year
Commission payment frequeny (optional):	once-only; mothly; quarterly; yearly.
Commission for early termination	50,00 USD to be paid at the NBU exchange rate as of the payment date
Collateral for the guarantee	Funds deposited with JSC Finance and Credit Bank
Form/method of granting funds	Cashless transfer (to be performed in the guaranteed case only)

     In order to receive a bank guarantee, the travelling agency (a tour operator or travelling agent) has to submit to the Bank a written application for granting a guarantee and both constituent and financial documents that characterise the commercial activity of the company.