Sviaz-Bank to Act as Guarantor in Customs
OREANDA-NEWS. November 17, 2010. The Federal Customs Service added Sviaz-Bank to the register of banks and other lending institutions that may act as guarantors in the customs, reported the press-centre of Sviaz-Bank.
The Bank’s ceiling of all bank guarantees it can issue to cover payment of customs duties amounts to 3.5billion rubles. A single guarantee may reach a maximum of 700million rubles.
The Bank will exercise its right to issue guarantees until October 1, 2013.
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