 New payment service –incoming payments in exotic currencies Herewith we would like to advise you that RBBG is offering its customers outgoing payments execution in AUD, CAD, CZK, CNY, INR, PLN and more than 100 other currencies*. As of 01.03.2011 RBBG is introducing new service – incoming payments processing for our customers receiving transfers in AUD,CAD,CZK,HUF, PLN and more than 35 other currencies. These incoming payments will be processed and exchanged in the currency of the account the customers are holding with RBBG. With the introduction of this new service RBBG is giving its customers opportunity to receive as well as execute payments in different currencies without additional fees and without requirement for customers to hold current account in respective currency. Advantages for the customers: - Besides from executing payments in more than 100 exotic currencies. Our customers can receive such payments in AUD,CAD,CZK,HUF, PLN and other 35 currencies
- Business partners and Private Individuals are facilitated as they can execute payments towards RBBG accounts in original currency.
- There are no additional expenses for the payments except these announced in the “Fees and Commissions Tariff” for the respective type of payment as well as the expenses of the Correspondence bank.
- By opening EUR current account with RBBG you will receive the EUR equivalence of the originally ordered amount and thus additional exchange charges will be evaded.
- By opening EUR and USD current accounts with RBBG cross change will be evaded in exotic currencies payments executed towards other banks.
To take advantage of the opportunity to receive a transfer from another bank in exotic currency / respectively in their value in EUR/ need to explicitly inform the sender/contractor, that the correspondent of Raiffeisenbank Bulgaria EAD for exotics is Deutsche Bank AG, London със SWIFT/BIC DEUTGB2L.
*Due to the specificity of part of the currencies RBBG may include or exclude currencies from the list without notification. New service for payments in USD We hereby inform you that as of 01.04.2010 Raiffeisenbank launches a brand new service for ordering payments in USD with charging option "our" - OUR guaranteed, which ensures that the beneficiary receives the full amount ordered by you. The service for Individual clients enters into force as of 01.06.2010. With the introduction of the service we solve the problem with the specific banking practice in the US, under which US banks charge their costs from the transferred amount, notwithstanding the ordering party has declared to bear all charges for the transfer. Please be informed that with the introduction of this new service, all payments in USD, ordered with charging option "our" will be treated as "OUR guaranteed". Price for the service:
USD 20 - for amounts up to USD 30 000.00
USD 25 - for amounts from USD 30 000.01 to USD 60 000.00
USD 30 for amounts above USD 60 000.00. Your advantages:
- you have the guarantee that the counterparty receives the full amount of the transfer ordered by you.
- you do not have additional costs for the transfer - the service charge covers the correspondent bank charges.
- you know in advance exactly how much you will pay for the transfer. ---------------------------------------------------------------------------------------------- Foreign currency payments - instructed by residents and non-residents Foreign currency payments are executed upon the provision of legal grounds for payment. Domestic payments in foreign currency must be supported with a declaration for funds origin as per the local AML legislation, as well as with a statistical form as per Ordinance №27 of BNB. Cross-border payments in foreign currency must be supported, apart from the aforementioned papers, with documents, justifying the grounds for payment, in compliance with the local Currency legislation. |