Trade Finance

Within the framework of the European Bank for Reconstruction and Development’s “Trade Facilitation Programme,” AccessBank offers trade finance products to businesses and residents of Azerbaijan, such as letters of credit (L/C) and letters of guarantee. The importance of trade financing products is rising with Azerbaijan’s integration into the world economy. These products will enable AccessBank’s customers to enjoy legal cooperation with international partners, including those in Europe.


Types of guarantee Bank is responsible for:
Bid bond or Tender guarantee Non-withdrawal of the tender proposal by the company providing the proposal
Advance payment guarantee Reimbursement of prepayment by the supplier in the event of failure of fulfillment of the agreement for which the prepayment was envisaged.
Performance guarantee Provision of fulfillment of the obligations specified in the agreement by supplier.
Payment guarantee Implementation of payment by buyer in line with the agreement.