Capital Markets

• Nostro Accounts

JSC “UkrSibbank” BNP Paribas Group has a wide correspondent network which embraces major financial centers of the world. The Bank is therefore able to fully meet any requirements of its clients. 

When making payments via JSC “UkrSibbank”, you will enjoy an individual approach to each Client, consultations from the Bank’s qualified and experienced staff as well as flexible tariffs for the services offered.

The list of the main Nostro correspondent banks of  JSC “UkrSibbank” is given below.

•   Loro Accounts

Main terms and conditions:

• Free maintenance of correspondent accounts in all currencies;
• Accrual of credit interest on the balance of a correspondent account; 
• Settlements within an extended banking day;
• Competitive tariffs for settlements in foreign currencies; 
• Transfer of payments via “Swift-express” software developed in-house, supporting telex keys for banks not linked to SWIFT; 
• Interbank FOREX and Money Market transactions in all major currencies;
• Execution of payments with conversion without any additional fees.

JSC “UkrSibbank” provides a possibility to receive funds on current (correspondent) accounts opened with JSC “UkrSibbank” in EUR or USD, irrespective of the original payment currency of a sender. FX conversion is executed automatically and without any additional fees. It is therefore unnecessary for Loro-correspondents to open numerous correspondent accounts in various currencies, but sufficient to have correspondent accounts in USD or EUR only.

For any additional information please contact:

Financial Institutions

Iryna Perepaddia
Phone/fax: +38 044 201-22-69
Iryna.Perepaddia@bnpparibas.com

• List of the main Nostro correspondent banks of JSC “UkrSibbank”:

* Settlements through Moscow.

• AML Policy

BNP Paribas Group is subject to the French and European AML legislation. As a member of BNP Paribas Group, JSC “UkrSibbank” complies with all policies relating to the anti-money laundering and terrorism financing, financial sanctions and embargos, as well as Know Your Customer Policy.

For more information on BNP Paribas Group please visit www.bnpparibas.com/en/about-us/compliance 

At the same time, JSC “UkrSibbank” complies with Ukrainian AML legislation including the Anti-Money Laundering Law of Ukraine dated 18.05.2010 and the Resolution by the National Bank of Ukraine №189 dated 14.05.2003 on Regulation of the Financial Monitoring for Banks as amended by Resolution of the National Bank of Ukraine 31.01.2011 № 22.

JSC “UkrSibbank” has implemented its Primary Financial Monitoring Rules, Financial Monitoring Implementation Programs and Customer Due Diligence Program which have been updated in line with the national legislation and the European best practices. The adequacy of these procedures is regularly reviewed by Internal Audit of JSC “UkrSibbank” and the National Bank of Ukraine.

Annexes:
USA Patriot Act Certification
Wolfsberg Group Anti-Money Laundering Questionnaire