Insuring export letters of credit (export trade financing)
You can obtain a service via the Portal:
1. Sign in on the portal and click «Order Service Online» button (to get the services you must be registered on the website bgov.kz).
2. Fill in the necessary data at bgov.kz and sign the request with EDS (electronic digital signature). Track the status of consideration of the application in the personal account on the portal «Baiterek» National Managing Holding JSC.
You can obtain a service via the Portal:
1. Sign in on the portal and click «Order Service Online» button (to get the services you must be registered on the website bgov.kz).
2. Fill in the necessary data at bgov.kz and sign the request with EDS (electronic digital signature). Track the status of consideration of the application in the personal account on the portal «Baiterek» National Managing Holding JSC.
Signing of an export letter of credit insurance contract.
Insurance rate is fixed pursuant to the Policy to fix insurance rates for insurance/reinsurance contracts of «Export credit agency of Kazakhztan» JSC
It takes about 40 working days from the moment of complete documents package submission
“The Rules on Insurance of Export Letters of Credit have been developed in accordance with the Civil Code of the Republic of Kazakhstan, the regulatory legal acts of the Republic of Kazakhstan, the Charter and internal documents of the Joint Stock Company Export Credit Agency of Kazakhstan, as well as the Uniform Customs and Practice for Documentary Credits UCP 600 (2007 Revision) of the International Chamber of Commerce, or any subsequent version currently in force”
These Rules on the Provision of Export Trade Financing have been developed in accordance with the Civil Code of the Republic of Kazakhstan, the Law of the Republic of Kazakhstan ‘On Banks and Banking Activities,’ the Uniform Customs and Practice for Documentary Credits (latest edition), as well as the Charter and internal regulatory documents of the Joint Stock Company Export Credit Agency of Kazakhstan”