Basic Principles of Exchange Service
In conducting foreign exchange transactions (currency conversion), ProCredit Bank acts as the Principal in its relations with clients and, consequently, offers its services at its own risk.
Standard exchange rate - for legal entities to apply in foreign exchange transactions of up to USD 2000 (or equivalent in other currencies)
Preferential exchange rate - automatically valid for money exchange transactions of above USD 2000 (or equivalent in other currencies) conducted by legal entities
Special exchange rate - for private individuals of the bank that differs from standard and preferential rates;
Individual exchange rate - depends on the volume of an exchange transaction and the incurred currency risk. Any client who conducts an exchange transaction of above USD 200,000 (or equivalent in other currencies) per year can apply to the bank for an individual exchange rate.