Using its international experience and opportunities Acumen Bank Ltd  renders assistance in obtaining additional financial services. Some  companies may need to receive or send certain types of messages using  interbank communication protocols (SWIFT). We can help to provide it  and offer our services. Providing the SWIFT messages

and other types of messages by arrangement with client.

Any consulting, cooperation or support from  Acumen Bank Ltd in the implementation of the project can not be  considered and confirmed for companies related to the countries below:
Afghanistan, Algeria, Angola, Bhutan, Congo, Egypt, Ethiopia, Gaza,  Haiti, Côte d’Ivoire, Libya, Nigeria, North Korea, Pakistan, Papua-New  Guinea, Somalia, Sudan, Syria, Yemen, Zimbabwe.
Acumen Bank Ltd reserves the right to deny assistance to a Client in implementation of his project without giving reasons.


Our Instruments

Bank Guarantee's (BG)



Bank Guarantee (MT- 760) is an irrevocable commitment, which is issued by a bank on behalf of its client who has concluded a contract to buy goods from a seller and promised to meet all financial obligations to the seller in case of default. In other words, a Bank Guarantee is a commitment of a bank on behalf of its client.

Bank Comfort Letter (BCL)



Bank Comfort Letter BCL commonly referred to as a BCL is typically used in a commodities transaction to demonstrate the financial capability of the buyer. It is also sometimes referred to as a Bank Capability Letter. A BCL is one type of a Proof of Funds (POF) which can be furnished by a buyer or requested by a seller to complete a transaction. 

Documentary Letter of Credit (LC/DLC)



Letter of credit (Documentary Letter Of Credit (L/C, DLC) is the bank's obligation to pay the seller of goods or services a certain amount of money in the timely submission of documents confirming shipment of goods or performance of contractual services.

Documentary Letter Of Credit is one of the most important means of financing in the international trade, as the letter of credit is a tool that removes most of risks as from the buyer (importer) and from the seller (exporter). Documentary Letter Of Credit is very flexible and convenient tool of calculations, which have the widest recognition and acceptance in the world.

Standby Letter Of Credit



Standby Letter of Credit /SBLC (MT-760) is a written commitment of a bank that issues it to pay a certain amount of money on behalf of the bank’s client in favor of a beneficiary in case the client/buyer is not able to fulfill its financial obligation to the beneficiary/seller.

Using a Standby LC in business transactions is an indication of good faith and proof of financial credibility and repayment capabilities of a buyer.

Standby LC is widely used in commodities trading, when it is necessary to buy the goods from a local supplier or foreign exporter. SBLC can be also used as a security to obtain credit lines and is ideal for company, which plans to expand its business but does not want to utilize its assets.

Proof of Funds (POF)



This financial instrument proves that the customers or partners have the ability and specified assets, funds at their disposal, available to use for a transaction. It comes in the form of a bank, security or custody statement. The purpose of the document is to ensure that the funds required for the transaction are obtainable and legitimate. It is used for signing contracts with banks or major companies.

ACUMEN BANK Ltd. provides customized Proof of Funds (POF) solutions for clients wishing to demonstrate availability of funds or financial capability. 

Performance Bond (PB)



A bond issued to one party of a contract as a guarantee against the failure of the other party to meet obligations specified in the contract. 

For example, a contractor may issue a bond to a client for whom a building is being constructed. If the contractor fails to construct the building according to the specifications laid out by the contract, the client is guaranteed compensation for any monetary loss.