Cash Management

• The client can order FX payment in favor of Credit Europe Bank(Romania) SA' s customers or other banks' customers, the country and abroad.
• For the last kind of transfers, the used system is SWIFT. The client, as ordering customer, has to fulfill a Foreign Payment Order.
• The beneficiary's bank has to credit beneficiary's account after one working day, if the payment is ordered in USD, or in two working days, if payment is ordered in any other foreign currency.
• On request, SWIFT payments can be performed faster than international standards, based on urgent payment instructions.
• Foreign Currency payments are made according with NBR Regulations.

Cash deposit

• The customer can deposit money in his account directly to the cashiers.
• Due to the banking system, the account could be credited from any branch, no matter in what branch the customer opened his account in the beginning.
• For amounts more than 15,000 EUR or equivalent, the client will fulfill a statement regarding the source of funds.
• There is no commission for cash deposit for individuals. The list of commissions for the time being is available for cash deposit for companies.

Cash withdrawal

• The client can make cash withdrawal from any branch.
• For amounts more than 15,000 EUR or equivalent, the client will fulfill a statement regarding the real beneficiary of money.
• For the amounts coming from term deposits at maturity, the bank will not charge commission at cash withdrawal.
• For the amounts representing cash withdrawals from the current account, the commission charged by the bank is according with the List of charges and commissions in force at that time.

• transfers between Credit Europe Bank's customers;
• are made on-line;
• used instruments:
  • ordinary payment order
  • crossed cheque
  • promissory note

• payments ordered by Credit Europe Bank's customers to other bank's customers;
• incomes received by Credit Europe Bank's customers from other bank's customers;
• payments/ incomes between Credit Europe Bank's customers and TREASURY;
• used instruments:
  • ordinary payment order
  • special payment order for Treasury payments
  • crossed cheque o promissory note

• The account must be opened with at least one month before
• The customer must have a monthly turnover in amount of minimum 3,000 USD
• No payment incidents registered at Central of Payment Incidents