Outgoing Foreign Currency Fund Transfers
| General Information | Regulatory Requirements | Correspondent Banks | Fees and Commissions | Documents |
We provide you with the opportunity to transfer funds:
- In the country and abroad, to any destination in the world via the international payment system SWIFT. The large network, consisting of more than 600 correspondent banks, with which First Investment Bank maintains correspondent relationships, facilitates the prompt and proper execution of the foreign currency transfers you have ordered.
- For UNIBank, Macedonia – the transfers are executed expressly via the system FIBank-UNIbank without any additional fees.
- For FIBank-Albania – the transfers are executed with the same working day value date, the fee is lower than the standard Bank’s fee for outgoing foreign currency funds transfers and they are free of SWIFT charge. For further information on the fees and commissions click here.
Useful information:
1. The execution of cross-border transfers in foreign currency is done after submission of additional documents in accordance with the effective currency legislation.
2. The execution terms conform to common banking practice – the standard value date for executing outgoing foreign currency funds transfers is two working days. For express funds transfers with next working day value date or same working day value date additional charges are applied in accordance with the Bank’s Tariff.
3. The transfer currency may differ from the currency of the ordering account and the Bank converts the amount using the current exchange rate as of the moment of the transfer. First Investment Bank executes funds transfers in USD, EUR, CHF, GBP, CAD and other convertible currencies.
bank (2265)+359 700 19 599
