INFORMATION OF CENTRAL BANK OF THE RUSSIAN FEDERATION

of November 11, 2013

About bank guarantees which issue by credit institutions does not prove to be true

In connection with the appeals of the organizations arriving in the Bank of Russia the facts of provision by principals to beneficiaries within execution of the state order according to the Federal Law No. 94-FZ "About placing orders for the supply of goods, works and services for state and municipal needs" bank guarantees which issue by credit institutions does not prove to be true further are elicited.

With respect thereto the Bank of Russia recommends to beneficiaries to address for confirmation of the fact of issue of bank guarantees directly in credit institutions. Earlier the Bank of Russia the letter No. 111-T recommended to credit institutions to place of 30.07.2012 on the Websites on the information and telecommunication Internet information on internal structural divisions of credit institution to which confirmation of the facts of issue of bank guarantees is assigned.

The Bank of Russia also informs that the federal executive body authorized by the Government of the Russian Federation on control in the field of order placement including maintaining the register of unfair suppliers, is Federal Antimonopoly Service which is informed by the Bank of Russia on the elicited facts.

Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info