Letter of good standing

Document issued by the bank upon customer’s request, used to express the bank's intent/availability to support and develop your internal and international business relationships, under certain conditions.

Advantages

  • facilitates the conclusion of commercial/financial transactions, allowing to capitalize on business opportunities
  • fast procurement flow
  • flexibility concerning the template (may be issued under the standard templates of the bank or according to the template requested by the customer)
  • issued without requiring a credit analysis

Features

  • currency: lei or foreign currency
  • valid for a maximum of 6 months
  • it is not a commitment from the bank for granting future loans or commitments
  • it is not issued based on a credit analysis
  • issued to corporate customers having a current account open with the bank

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