| Types of Operation | Commission Rates* |
| 1. Issuing a guarantee or increase of a guarantee amount or extension of a guarantee 1. | 0.25% min.USD 100 per quarter (90 days) or part thereof |
| 2. Extension of a guarantee within the quarter (90 days) for which commission has already been charged in accordance with items 1. | USD 50 |
| 3. Other amendments including cancellation | USD 100 |
| 4. Payment under a guarantee 2 | 0.2 %, min. USD 100 max. USD 3000 |
| 5. Advising of a guarantee issued by another bank or increase of a guarantee amount or extension of a guarantee 3. | 0.1 %, min. USD 100 max USD 500 |
| 6. Advising of other amendments of a guarantee issued by another bank, including cancellation 4 | USD 50 |
| 7. Payment claim under a guarantee advised by the Bank | 0.1 % of a claim amount, min. USD 100. max.USD 500 |
| 8. Verification of signatures on a guarantee received by the beneficiary directly from the bank-guarantor. | USD 50 |
| 9. Additional services (drawing up or essential editing a draft of the payment terms of a contract or a draft of a guarantee presented by the customer, translation of a guarantee into Russian, drawing up an expert opinion on other bank’s guarantee at customer’s request) 5 | Subject to arrangement min. USD 100. max.USD 500. |
* Commissions listed in
this Section are also applied to bank counter-guarantees and
stand-by D/C.
Commission rates under items 1,2 and 3 of this Section are applied
in case a customer provides the Bank with a full cash cover for the
whole period of the guarantee. In other cases commission rates
under these items are subject to arrangement.
Commissions for bank guarantees issued in Rubles are charged in
Rubles in accordance with item 6 of Section XV of these Terms and
Conditions.
1 In case of increase of a
guarantee commission is charged on the amount of increase.
2 Commission is not charged
when the customer provides a full cash cover for the whole
guarantee period.
3 Commission under this
item is charged to the beneficiary-IMB customer when bank
commissions and expenses are to be born by the beneficiary by his
consent. In case of a guarantee amount increase commission is
charged on the amount of increase.
4 Commission under this
item is charged to the beneficiary-IMB customer when bank
commissions and expenses are to be born by the beneficiary by his
consent.
5 Commission (VAT included)
under this item is charged in Rubles according to item 6 of Section
XV of these Terms and Conditions.