| Joint-Stock Commercial Bank 'Yapi Kredi Bank Moscow' keeps correspondence with 165 leading credit institutions in 23 countries of the world, specifically in Russia, Turkey, USA, German, Austria, Great Britain, Netherlands, Switzerland, Sweden, Denmark, Belgium, Finland, Italy, and France. The Bank has 52 correspondent accounts 'NOSTRO' and 'LORO'
Joint-Stock Commercial Bank 'Yapi Kredi Bank Moscow' provides for the following services to correspondent banks:
- opening/closure of correspondent accounts in any currency;
- remittance and placing of funds to correspondent accounts;
- cash operations;
- operations at inter-bank foreign exchange market and placing money on deposit;
- trade financing, namely issuance and confirmation of letters of credit and bank guarantees, payment insurance, acceptance of documents and collection;
- confidential custody of securities in the name of correspondent bank.
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