Financial Support InstrumentsThursday, 04 October 2012 00:00
As a support for the proper realization of commercial contracts PMPoland uses the following financial instruments:
Bank / Insurance Company guaranties:
- advance payment guarantee
- performance guarantee
- warranty guarantee
- bid guarantee
- PKO Bank Polski S.A., Bank Millennium S.A., Credit Agricole Bank Polska S.A., HSBC Bank Polska S.A.
Letter of Credit (LoC)
Polish bank’s advise and support the LoC opened in favour of PMPoland by the most of first class banks all over the world.
The preferable Polish bank for advise and support LoC is HSBC Bank Polska S.A. (SWIFT code: HSBCPLPW).
State Support for Polish exporters
Export support is a part of the general economic policy of the Polish state. The aim is to boost the positive achievements of Polish entrepreneurs who sell goods and services abroad. This form of assistance is particularly significant to exporters entering new markets and carrying out innovative export projects.
One of the basic preconditions for provision of insurance with state support is compliance with rules for Polish origin of goods as defined by the Ordinance of the Minister of Economy of 6 August 2001.
More information related to State Support for Polish exporters you can find here:
The Government program is supported by Bank Gospodarstwa Krajowego S.A. (Poland’s only state owned bank). More information you may find under: