Foreign Currency Purchasing and Selling
Sale of currency from the Bank poolThe bank offers to all its clients the possibility of buying foreign currency from the bank at the most favorable market conditions. When buying foreign currency from the bank, a client should submit a Foreign currency purchase request, based on which the authorized bank dealer determines the price and makes calculation which are, with payment instructions, delivered by e-mail or fax (depending on the client) in shortest time possible, so that the clients may execute their obligations as efficiently as possible.
The foreign currency purchase request should include the type of currency, amount, and purpose of the purchase i.e. the intended purpose of the funds, as well as the stamp and signature of the person authorized to dispose of the requesting party’s funds.
In addition to the above, if the purchased foreign currency is used to perform a specific payment abroad, the client should state if it is necessary to receive a copy of the SWIFT message (confirmation that the payment was performed).
The bank offers to all its clients the possibility to sell foreign currency through separate e-banking solution. In order use this solution, the client only needs to have the internet connection.
Purchase of foreign currency from the client’s foreign currency account
The bank offers to all its clients the possibility to sell to the bank the foreign currency from their foreign currency accounts at favorable market conditions. When selling foreign currency to the bank, a client should submit a request for sale of foreign currency. In the shortest time possible, the bank transfers funds in dinars to the client’s current account.
The request for sale of foreign currency should include the amount and the currency of the foreign currency funds that are sold, the number of the current account with Banca Intesa to which the dinar counter value of sold foreign currency is paid and the signature of the authorized person from the list of foreign currency authorized signatories with the bank, including the appropriate stamp presented on opening of the foreign currency account.
The bank offers to all its clients the possibility to sell foreign currency through separate e-banking solution. In order to use this solution, the client only needs to have the internet connection.