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Bank guarantees for travel companies

 Bank guarantees for travel companies - small business clients

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 travel agents)
Operation type Bank guarantee of the payment
Guarantee fee currency UAH
Commission fee 0.5% of the guarantee amount (minimum 280.00 UAH) per 1 year
Commission fee 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 Non-cash transfer (to be performed in the guaranteed case only)

 

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

 


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