Our Forex Services cover more than just the exchange of currencies. We make it convenient for you to do banking in foreign currencies like carrying out SWIFT Transfers and Telegraphic Transfers. Better yet, you can do this right from your account online or on mobile. This makes it easier for you especially if you live abroad or are carrying out your business with international suppliers.
Some of the Currencies We Handle
- US Dollar (USD)
- British Pound (GBP)
- Euro (EUR)
- Japanese yen (JPY)
- South African Rand (ZAR)
- Indian Rupee (INR)
- Ugandan Shilling (UGX)
- Tanzanian Shilling (TZS)
Some of the Solutions We Offer
Spot Foreign Exchange – this refers to transactions with settlement dates within two working days. It enables clients to easily transact cross-border trade settlements. No charges are levied in these transactions, except the underlying transactions such as Telegraphic Transfers (TTs).
Dealing Mandate – the dealing mandate enables Credit Bank to deal with you if you do not have operative current accounts with us but wish to enjoy our competitive deposits or foreign exchange rates.
Xpress TTS – Refers to same day Telegraphic transfers. It enables clients settle cross-border trade transactions within same working day.