Interbank Lending

1. Based on what data is the Bank’s limit base formed?
2. In terms of what currencies does PRAVEX-BANK PJSCCB open correspondent accounts for banks?

•Based on what data is the Bank’s limit base formed?

To form an actual limit base of the Bank, a special Limit Committee is established that sets a limit for carrying out transactions based on current data with respect to the financial activities of each specific bank. To set a limit, a bank must provide high-quality information (date of foundation, legal address, founders, major clients, shareholders, bank management, membership in international associations, correspondent banks, etc.) and financial information (Balance Sheet: file No. 01, No. 02, Form No. 611, Form No. 381, Form No. 610) to the e-mail address risk@pravex.kiev.ua.

•In terms of what currencies does PRAVEX-BANK PJSCCB open correspondent accounts for banks?

PRAVEX-BANK PJSCCB opens correspondent accounts for banks in different currencies. For non-resident banks, PRAVEX-BANK PJSCCB carries out transactions pursuant to the applicable laws of Ukraine and regulatory instruments of the National Bank of Ukraine. There is a possibility of developing an individual schedule of rates for transactions within the limits of end-to-end servicing.

print page »