05.12.2016RCB Bank: Another distinction by the Pan Cyprian Volunteerism Council for its CSR program
01.12.2016The CEO of RCB Bank underlines the need for the banking system to support the recovery of economy
08.11.2016RCB Bank sponsors research Conducted by the Cyprus Institute of Neurology & Genetics
Foreign exchange operations
RCB Bank Ltd offers electronic spot foreign exchange operations involving various currencies, including US Dollars, Euros, Great Britain Pounds, Russian Roubles and Swiss Francs.
- Foreign exchange operations for sums up to 30.000 Euros, or the equivalent of that amount in another currency, will use the Bank’s prevailing exchange rates, as published on the Bank’s website;
- Foreign exchange operations for sums greater than 30.000 Euros, or the equivalent of that amount in another currency, will use the market exchange rate for that currency pair in force at the time of the exchange request plus the Bank's spread;
- A client may request such foreign exchange operations by signing a foreign exchange request and submitting it at one of the Bank’s branches, by fax, or via RCB Online Banking.
- For foreign exchange operations involving large amounts, a client may submit a foreign exchange request and propose a target exchange rate. The foreign exchange operation will be executed once the market exchange rate indicated in the request is reached (taking into account the Bank’s spread).
- A low threshold for foreign exchange operations based on an exchange rate which is close to the market rate at the time of exchange;
- A wide range of currencies are available;
- Competitive charges/spreads for foreign exchange operations;
- The opportunity to submit a foreign exchange order including the client’s target exchange rate;
- The opportunity to establish individual foreign exchange spreads for major clients on a case by case basis.