Promissory Notes Safekeeping

Promissory note safekeeping: a service from MTB Bank for residents and nonresidents of Ukraine who cannot take a monetary instrument outside Ukraine or keep it inside the country. To learn more about the terms of securities safekeeping service, call us at the number provided above or visit the nearest MTB Bank branch.

Advantages

MTB Bank stores promissory notes and performs transactions with these instruments according to instructions received from the legitimate holder of promissory notes. As part of this service, we can:

• transfer the original and transferable copies of a monetary instrument to the lawful owner;
• transfer the original, and copies and photocopies thereof, to third parties designated by the promissory note holder.

Securities storage service can be open or closed. In the former case, the promissory note holder provides an accompanying document containing a complete and precise description of what transactions with promissory notes are permitted. Under a closed storage agreement, securities are simply kept in a bank vault.

Terms and conditions

Like in the case of avalization or other services from MTB Bank, the terms of promissory note safekeeping service and the service fees are stipulated in an agreement.