OREANDA-NEWS. June 20, 2013. The Federal Customs Service has put Sviaz-Bank on its roster of banks and other lending institutions that can act as surety (or guarantor) the Customs may look to for debt payments.

The total maximum amount of all concurrent guarantees issued by the Bank to cover payments to Customs has a limit of 3.5billion rubles. The amount of a single bank guarantee may reach 700 million rubles.

The Bank has the right to act as surety for payments to the Customs until July 1, 2015.

The Bank issues guarantees to the Russian Customs for its customers as assurance that it will make customs payments, or payments by installments, or deferment of payments due to the Customs.

Today, the surety roster lists 33 of the Bank’s branches – in Astrakhan, Blagoveshchensk, Republic of Buryatia, Chelyabinsk, Chita, Republic of Dagestan, Irkutsk, Kaliningrad, Kaluga, Kazan, Kemerovo, Krasnodar, Krasnoyarsk, Mari Republic, Nizhniy Novgorod, Novosibirsk, Omsk, Penza, Petrozavodsk, Primorie Territory, Rostov, St.Petersburg, Samara, Smolensk, Stavropol, Tomsk, Tyumen, Ufa, Ulyanovsk, Vladimir, Volgograd, Voronezh, and Yekaterinburg,

For more details about the terms and manner in which bank guarantees are issued to the Customs, call the Bank’s Moscow office or branches listed in the Federal Customs Service’s roster.