Currency exchange (standard/negotiated)

The bank's clients, depending on the necessities can choose to use the currency exchange operations for different currencies. Depending on the value of the amounts, the transactions can be performed at the bank's standard exchange rates or at negotiated rates.

Depending on the date of the settlement, the currency exchanges can be:

  • SAME Day Value - transactions that are settled on the transaction day
  • SPOT - transactions that are settled on one of the next two working days after transaction date
  • FORWARD - transactions that are settled on more than two working days since transaction date