Announcement for the customers


Dear Customers,

Following a decision passed at a meeting of the shareholders of Russian Commercial Bank (Cyprus) Limited on 31 October 2013, we are writing to notify you of a change in the Bank’s legal name to RCB BANK LTD.
Accordingly, we would like to ask you to use the Bank’s new full name, RCB BANK LTD, in any correspondence with the Bank and in all payment instructions, with effect from 25 November 2013. We would also like to point out that, as of 1 January 2014, the Bank will no longer accept payment documents and instructions bearing the Bank’s former name (other than cheques). The Bank will return any such payment documents and instructions unprocessed. Any cheques properly issued from existing chequebooks will continue to be accepted and honoured.

The change in the Bank’s name to RCB BANK LTD will not mean any changes to the Bank’s form of incorporation. In addition:
- there will be no changes to the Bank’s rights and responsibilities to its customers and its counterparties;
- contracts and agreements previously concluded with the Bank will not need to be redrafted;
- there will be no change to the account numbers of the Bank’s correspondent or other accounts, or to its SWIFT code, or to its Reuters and Bloomberg codes.

For an up-to-date list of the Bank’s correspondent accounts and payment details, please click here. The Bank will continue to serve customers and conduct transactions with its counterparties as usual. Please also note that the Bank’s customers will still be able to use cheques from existing chequebooks, as well as existing credit and debit cards issued by the Bank.

The Bank’s name has been changed as part of a move to reposition the Bank and expand its range of services. This change will also help to reinforce the image of RCB BANK LTD as a modern, dynamic and successful financial institution in Cyprus.

For more details, please visit the Bank’s branches, contact your client relationship manager or call us on +357 25 355722 (for calls from abroad), 800 00 722 (toll-free in Cyprus), or 8 800 100 7722 (toll-free in Russia).

Yours faithfully,


Exchange Rates

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   EUR USD    1.3264    1.3359
   EUR GBP    0.7991    0.8036

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