Financing export and import
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At the moment National bank and all his(its) branches and
the branches offer the customers complex service of their
foreign trade activities, including realization of the
international payments of any degree of complexity in
all forms, accepted in international practice, granting
to the customers of qualified advice, including on payment
conditions of the foreign trade contracts in view of working
system of the currency control, development of the individual
circuits of accounts
The basic form of account as on export and on import are
translated operations.
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The interbank financial settlements
centre of National bank serves clearing centre on accounts
in "soft" and "firm" currencies for LORO
of the banks - correspondents. The clearing service comes
true with use of modern progressive technology of processing
of payments. Due to operating programm system "ABRAXSYS"
the Interbank financial settlements centre carries out all
accounts in a mode of real time, with a high degree of reliability.
The national bank is dominant of group of the users of a network
SWIFT in Uzbekistan. Bank gives to the customers of service
on realization of accounts in the form of the documentary
letters of credit, collection and guarantees.
The national bank actively develops credit and guarantee operations,
promoting expansion of Uzbek export, first of all of spinning-weaver
and textile industry, as well as cotton. The letters of credit
of National bank prove to be true of number(beside) conducting
banks of the world on account of open demand lines of credit
without the requirement of translation of a covering.
The national bank uses in accounts all kinds of the letters
of credit, develops the circuits of accounts under the trade
bargains, that enables uses of the various forms of financing
of trade. The bank executes the letters of credit, as with
a covering, and without a covering, that allows to the customers
to avoid long-term diverting of turnaround means with use
of demand lines of credit of foreign banksв, size of which
makes more than 500 mln. Dollars. USA.
The national bank is always ready to represent itself as the
bank - emitter, executing, advising and confirming bank, being
by the financial intermediary between LORO by the banks -
correspondents in republic and LORO countries.
The bank actively works with conducting banks of Russia, Ukraine
and Belorussia on introduction of the credit form of accounts
with the Uzbek suppliers according to the international standards
and new edition of Unified rules of International Trade Chamber
(ICC № 500), and also other financial tools, appropriate to
international bank norms.
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