Collection

Collection operations are carried out according to "The Unified Rules on Collection" (edition of 1995, publication of the International Chamber of Commerce N522 and further editions to it).

Documentary collection:

• Opening of documentary collection and sending of documents for acceptance or payment – 0,25% from the sum;
• Change of the conditions of collection proxy or its cancellation – 40 USD;
• Advising of collection conditions – 10 USD;
• Advising of changes of collection conditions or cancellation – 10 USD;
• Return of unpaid documents, exposed for collection, to the bank-correspondent – 100 UAH for each set;
• Documents against acceptance or payment – 0,25% from the sum, minimum 30 USD;
• Documents without acceptance or payment – 150 UAH for each set.

Net collection:

• Reception, check and sending of payment documents (checks, bills etc.) – 0,15% from the sum, minimum 10 USD;
• Payment of payment documents, which came for collection – 0,2 % from the sum, minimum 20 USD.

The Department of Documentary Operations and Currency Control
30 Artema, room 306, Kharkiv, 61002
tel. (057) 714-07-03, 714-33-64.
E-mail: ft@megabank.net