Documentary letters of credit

Subsidiary JSC VTB Bank (Kazakhstan) is part of the VTB Group, which is a leader in the field of servicing foreign trade activities, the obligations of which are traditionally trusted in international financial circles, and letters of credit and guarantees of the Group are unconditionally (i.e. without additional guarantees or collateral) accepted by foreign banks and organizations.

The Bank provides a full range of services for international payments in the form of:

• Documentary letter of credit - any types of letters of credit, including confirmed, unconfirmed, revolving, standby letters of credit, transferable, with a red clause, back-to-back, etc.;
• Documentary collection - upon receipt of payment or acceptance of documents.