Currency operations

Currency exchange

Moldindconbank is one of the most active operators on the inter banking currency market and offers the best conditions for foreign currency exchange to its clients:

  • Currency purchase by transfer, in exchange for Moldovan lei on behalf of the client
  • Currency Sale by transfer, in exchange for Moldovan lei, on behalf of the client;
  • Currency translation by transfer, on behalf of the client.

Moldindconbank performs currency translation operations. To perform currency translation operations, the Bank daily quotes the following foreign currencies:

  • US dollars, EURO, Russian Rubles, Ukrainian grivna in exchange for Moldovan lei;
  • Australian dollars, Canadian dollars, Swiss franks, Danish crones, English pounds, Japanese yens, Norwegian crones, Swedish crones in exchange for US dollar.
  • US dollars, Australian dollars, Canadian dollars, Swiss franks, Danish crones, British pounds, Japanese yens, Swedish crones, Norwegian crones, in exchange for EURO.

Moldindconbank performs conversion operations on behalf of legal entities, which have open accounts in Moldindconbank and other banks. The Bank can transfer the purchased foreign currency or Moldovan lei, obtained as result of foreign currency sale, on the client’s account in another bank.

Currency translation on behalf of clients is carried on the basis of a sale/purchase demand for foreign currency.

Moldindconbank allows to its clients to carry forward conversion operations. The rate for forward operations is established individually, depending on transaction conditions.

Commissions

The exchange rate is established by the Bank, without charging commissions.

The foreign currency exchange rate depends on volatility degree of exchange rate, closest to current inter banking rates.