Foreign Economic Activity for Corporate Business

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Foreign Economic Activity for Corporate Business

Personalized approach

Consultations on foreign currency payments and documents for currency control

Favorable conditions

Competitive market quotes and prompt execution of transactions

Transparency and control

Full transparency of foreign exchange operations and support at every stage of the transaction

Fast settlements with partners worldwide

The extensive correspondent network of Ipoteka Bank (OTP Group) opens borders for your business — fast transfers, global reach, and convenient settlements with partners across the world

<ul><li>The extensive correspondent network of Ipoteka Bank (OTP Group) opens borders for your business — fast transfers, global reach, and convenient settlements with partners across the world</li></ul>

Currency conversion without unnecessary risks and complexities

Conversion operations are carried out in accordance with the current legislation of the Republic of Uzbekistan and the Bank's internal regulatory documents

<ul><li>Conversion operations are carried out in accordance with the current legislation of the Republic of Uzbekistan and the Bank's internal regulatory documents</li></ul>

Good to know

Why does a company need a foreign currency account?

A foreign currency account is required to work with international currencies (USD, EUR, etc.). It allows you to:
• hold funds in foreign currencies
• receive payments from international partners
• pay for imports of goods and services
• perform currency conversion

In which foreign currencies can accounts be opened

Ipoteka Bank (OTP Group) offers accounts in the following currencies:
• US Dollar (USD)
• Euro (EUR)
• Russian Ruble (RUB)
• Chinese Yuan (CNY)
• British Pound Sterling (GBP)
• Japanese Yen (JPY)
• Swiss Franc (CHF)

Foreign currency transfer timelines

As a rule, an international transfer may take from 1 to 3 business days from the moment the funds are sent by the sending bank. However, the actual crediting time may vary depending on the number and specific characteristics of correspondent banks involved in processing the payment.

In which currencies is the conversion carried out

• USD/UZS
• EUR/UZS
• RUB/UZS
• CNY/UZS
• GBP/UZS
• CHF/UZS
• JPY/UZS

Conversion between foreign currencies

• EUR/USD
• CNY/USD
• JPY/USD
• GBP/USD
• RUB/USD

Instructions for completing foreign currency transfer applications

SWIFT message filling instructions for USD and EUR
SWIFT message filling instructions for Russian Rubles

Fill out the application, and we will select the most suitable model of foreign exchange operations tailored to your business structure and growth goals.

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