Letter of intent and guaranteed bill

1. Binding letter of intent

A binding letter of intent is a statement in which bank according to applicant instruction assumes the obligation or expresses readiness to issue to the beneficiary guarantees that are in line with tender conditions.

2. Non binding letter of intent

OTP bank issue Non-Binding Letter of Intent, without legal liability of the bank.

3. Guaranteed bill

Ensure the payment liabilities towards suppliers with guaranteed bill.