Countries and Maximum Maturities


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	Countries and Maximum Maturities

Americas	Max Years
ARGENTINA	5
BOLIVIA	*
BRAZIL	5
CANADA	7
CHILE	5
COLOMBIA	5
COSTA RICA	3
DOMINICAN REP.	3
ECUADOR	*
EL SALVADOR	3
GUATEMALA	3
HONDURAS	1
JAMAICA	1
MEXICO	5
NICARAGUA	*
PANAMA	5
PERU	5
PUERTO RICO	5
T & TOBAGO	5
URUGUAY	3
U.S.A.	7
VENEZUELA	3
Africa	Max Years
ANGOLA	1
BOTSWANA	5
BURKINA FASO	*
CAMEROON	*
ETHIOPIA	*
GABON	*
GAMBIA	*
GHANA	2
KENYA	3
LESOTHO	1
MADAGASCAR	1
MALAWI	*
MALI	*
MAURITANIA	*
MAURITIUS	5
MOZAMBIQUE	3
NAMIBIA	5
NIGERIA	3
SENEGAL	1
SOUTH AFRICA	7
SWAZILAND	2
TANZANIA	2
UGANDA	1
ZAMBIA	*

Europe	Max Years
AUSTRIA	7
AZERBAIJAN	3
BELGIUM	7
BOSNIA	5
BULGARIA	5
CROATIA	5
CYPRUS	5
CZECH	5
DENMARK	7
EIRE	7
ESTONIA	5
FINLAND	7
FRANCE	7
GERMANY	7
GREECE	5
HUNGARY	5
ICELAND	5
ITALY	7
KAZAKHSTAN	5
LATVIA	5
LITHUANIA	5
LUXEMBOURG	7
MACEDONIA	3
MALTA	5
NETHERLANDS	7
NORWAY	7
POLAND	5
PORTUGAL	7
ROMANIA	5
RUSSIA	7
SERBIA	5
SLOVAKIA	5
SLOVENIA	5
SPAIN	7
SWEDEN	7
SWITZERLAND	7
TURKEY	5
U.K.	7
UKRAINE	3
UZBEKISTAN	2

Middle East	Max Years
ALGERIA	5
BAHRAIN	5
EGYPT	5
ISRAEL	5
JORDAN	5
KUWAIT	5
LEBANON	1
LIBYA	5
MOROCCO	5
OMAN	5
QATAR	5
SAUDI ARABIA	5
TUNISIA	5
U.A.E.	5
Far East	Max Years
AUSTRALIA	7
BANGLADESH	1
CHINA	5
HONG KONG	5
INDIA	5
INDONESIA	5
JAPAN	7
MALAYSIA	5
NEW ZEALAND	7
PAKISTAN	5
PHILIPPINES	5
SINGAPORE	7
SOUTH KOREA	5
SRI LANKA	2
TAIWAN	5
THAILAND	5
VIETNAM	5

* Transactions on these countries considered on a case by case basis

The countries listed above are those for which we are prepared to consider the discount on a "without recourse" basis and/or silent confirmation up to the period shown for bills of exchange, promissory notes, irrevocable letters of credit or receivables, normally guaranteed by a first class bank.


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