Treasury – foreign exchange operations

Foreign exchange market products at NLB Banka:

FX PROMPT – currency exchange dated the same day

FX SPOT –  currency exchange dated after two days 

FX FORWARD –  currency exchange with advance exchange rate 

FX Forward is a foreign exchange agreement between the bank and the client based on which foreign currencies are sold at an approved current exchange rate, but for settlement at a specified future date at a so-called forward rate (advance exchange rate).

Advantages:

• Eliminates uncertainty as a result of fluctuating exchange rates     
• Facilitates precise planning of the company's budget     
• It enables the company to concentrate on its core activities, not on the daily tracking of exchange rates

The basic course is taken online from the Reuters platform. For amounts above 10,000 USD, CHF and GBP.NLB Bank special rates are available to customers.

The offered courses can be obtained at the nearest NLB Banka point or by contacting the Treasury on this phone number: +383 (0) 38 744 029 ,+383 (0) 38 744 028.