Covered Letter of Credit

Amount Period* Currency Collateral
determined by the decision of the Bank's GB, but not more than 150,000,000 RUB (equivalent in KZT at the date of the decision making) and not more than the amount of cash coverage of money
  • Up to 84 months - when the amount does not exceed 75 000 000 RUB (equivalent in KZT at the date of making a decision);
  • Up to 60 months - when the amount does not exceed 150 000 000 RUB (equivalent in KZT at the date of making a decision).

  • In favor of a resident - KZT;
  • In favor of non-residents - KZT/ RUB.

  • Money placed on the Bank's special account (pledge) not less than 100%;
* The validity period of the letter of credit is set depending on the requirements of the Client and the terms of the agreement/contract concluded between the Client and his partner.


Telephones of reference service of Subsidiary JSC VTB Bank (Kazakhstan):+7(727)330-50-50, 5050 – free of charge from a mobile phone.