FX transactions and currency derivatives

We offer our clients a possibility to pay their export-import contracts in many various foreign currencies. To hedge currency/interest rate risks, the clients have an access to FX derivative transactions with the Bank*

Image
FX-Transactions-header
Image
transactions-with-derivatives
Advantages of FX transactions with RCB
  • The Bank opens the accounts and operates in five (5) main currencies: EUR, USD, GBP, CHF, RUB.
  • The clients may pay/receive the payments in many currencies even without having the accounts in them. One account in EUR, for example, is enough.
  • The currency exchange rates offered by the Bank are highly competetive and negotiable (Only for transactions in amount more than EUR 30.000)
  • Our correspondence network allows our clients' transfers to reach their destination fast.
  • FX derivatives allow our clients to limit the financial risk of loss due to adverse future changes of exchange and interest rates.

Transactions with derivatives are arranged on the basis of internationally recognized standard contracts developed by the International Swaps and Derivatives Association (ISDA) concluded between the client and the Bank.

*To enter into derivative transactions, the client should be categorized as a Professional Client under the European Directive on markets in financial instruments (MiFID II) which was transposed into Cyprus legislation by Law 87(I)/2017 which provides for the provision of investment services, the exercise of investment activities, the operation of regulated markets and other related matters. Contact your account manager for details.

Let's get in touch

Our advisor will inform you about the best way for you to open an account

2, Amathountos Street, P.O.Box 56868, 3310 Limassol, Cyprus

56, Makariou & Dimofontos, Lamda Tower, 5th floor, 1075 Nicosia

Mon- Fri, 09:00 - 17:00

56, Makariou & Dimofontos, Lamda Tower, 1075 Nicosia

Mon- Fri, 09:00 - 17:00

261, 28th October Avenue, 3035 Limassol, Cyprus

Mon- Fri, 09:00 - 17:00

2, Giannou Kranidioti Avenue, 6045 Larnaca, Cyprus

Mon- Fri, 09:00 - 17:00

20, Griva Digeni Avenue, 8047, Pafos, Cyprus

Mon- Fri, 09:00 - 17:00

20-22, 28th October Avenue, 2414 Engomi, Nicosia, Cyprus

Mon- Fri, 09:00 - 17:00

106, Аmathuntos avenue, Sun Sea Court 1, 4532 Agios Tychonas, Limassol, Cyprus

Mon- Fri, 09:00 - 17:00

43, Kolonakiou Avenue, 4103 Agios Athanasios, Limassol, Cyprus

Mon- Fri, 09:00 - 17:00