Currency exchange operations

Solid Bank performs operations of purchase and sale of foreign currency in exchange for Russian roubles or other foreign currency..

We provide services of international money transfers through system of correspondent accounts in roubles as well as in foreign currency.

Clients are offered international settlements in the forms used in international practice.:

• Bank transfer.

• Letter of credit.

• Collection of payments.

• Guarantee.

The Bank performs operations with different types of import and export letters of credit:

• confirmed and unconfirmed;

• revocable and irrevocable;

• revolving;

• transferable;

• stand-by;

• red clause.

Bank opens import letters of credit both, with and without clients’ funds reservation; confirms export letters of credit with and without remittance of cover from a foreign bank; and honors letters of credit at sight and with deferred payment option.