Turonbank implements all types of foreign trade operations and cooperates with the large foreign banks and international financial institutes. The Bank has set up strong and trustworthy relations with the leading European commercial banks and successfully uses correspondent accounts in major currencies of the world and CIS countries; these allows Bank’s clients carry out foreign trade operations in terms of bank transfers, documentary Letters of Credits and bank guarantees, as well as timely and effectively establish foreign economic relations. Acceptable tariffs and efficiency in servicing give the Bank the opportunity both to carry out its own operations and promote development of the international activity of our partners.

Turonbank has already established correspondent relations with over 75 banks of the world; 14 banks opened correspondent accounts for it, in particular:

• Credit Suisse (Switzerland)
• Commerzbank (Germany)
• Korea Exchange Bank (South Korea)
• VTB Bank (Russia)
• Raiffeisenbank (Moscow Branch)
• Sberbank of Russia (Russia)
• Promsvyazbank (Russia)
• Russlavbank (Russia)
• Asia-Invest Bank (Russia)

The foreign cash delivery system was set up with such banks like Credit Suisse (Switzerland), Commerzbank AG (Germany); it allows Turonbank provide with the needed foreign currency cash both Banks’ branches and other authorized banks of Uzbekistan, and ensure implementation of all foreign currency operations in full.

• Society for Worldwide Financial Telecommunications— SWIFT;
• International Payment System VISA International (associate membership);
• Information and Dealing System— «REUTERS».

When developing correspondent relations, the Bank considers requirements of its clients and creates advantageous conditions for carrying out international payments. S.W.I.F.T system provides high level reliability of international payments. Bank’s switching on the international information and dealing system REUTERS ensures both awareness of the Bank on the latest economic news and creates conditions for the maintenance of direct and reliable links with the international financial institutions. As a result, the Bank has managed to create maximum favorable conditions for the implementation of client’s settlements and own operations.