The author describes the legal foundations of one of the banking activities - the factoring of receivables resulting from leasing agreeements. The legal framework for this activity is set out by the Banking Law (art. 5) as well as the provisions of the Civil Code.

The article considers the legal and formal aspects pertaining to both the shape of an agreement concerning the factoring of leasing receivables as well as certain requirements as to its contents. The author has addressed problems relating to the liability of the parties to the contract, both those directly resulting from the civil law and those stipulated by the contract between the bank and the lessor.