Common customs transit is one of the key issues of Ukraine's economic integration into the EU. <br> The basis of the system is the NCTS (New Computerized Transit System) technology, which connects the customs services of the states parties to the Convention, allowing the exchange of data.
Thanks to the common transit system, the company can transport its goods on one vehicle, having only one transit declaration and one guarantee.
The Convention on a Common Transit is the basis for transportation of goods between the participating countries.
Before transporting the goods, the trader submits a single declaration to the NCTS system, which is used by customs officials of all countries along the entire cargo transportation route.
The criteria of liquidity, profitability and asset quality have been met
The standards of solvency and capital adequacy, riskiness of operations, and quality of assets have been complied with
The reserves for full indemnification for possible costs for 75% of simultaneously provided financial guarantees have been formed.