Foreign transactions

Buying/selling foreign currency

The bank processes in the name of the customer buying or selling transactions on foreign currency interbank market. For buying/selling foreign currency in the market, the client must fulfill a buying/selling order.

Foreign currency payments

The client can order FX payment in favor of Credit Europe Bank(Romania) SA' s customers or other banks' customers, inside or outside country. 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.

Foreign currency incomes

For FX incomes, coming from non-residents, the resident customers have to fulfill a foreign currency income statement.

Commercial foreign currency cheques

Credit Europe Bank (Romania) SA offers to its customers, individuals and companies, a different way for making foreign payments, as commercial cheques.

Also, the bank accepts for collection commercial cheques from its customers.

Exchange office

Within its exchange offices, the individuals, clients or non-clients, can buy or sell foreign currencies against ROL.