Value Today, Value Tomorrow, Spot Forex Transactions
VTB Bank offers
The following cashless foreign exchange transaction services:
- Exchange without signing a separate agreement/contract where the client has an account with VTB
- Exchange based on a separate agreement/contract irrespective of whether the client has an account with VTB
The following types of cashless foreign exchange transactions:
- Value Today, Value Tomorrow, Spot Transaction to buy/sell foreign currency for Russian roubles
- Value Today, Value Tomorrow, Spot Transaction to buy/sell foreign currency for another foreign currency
Foreign exchange transactions
Information about foreign exchange transactions
Foreign exchange transactions can be performed using the VTB exchange rate, a fixed exchange rate or a discounted exchange rate. All available exchange rates can be viewed in the Fees and Commissions Section
Information
Consultancy
VTB clients are offered consultancy services on all aspects of cashless foreign exchange transactions, including how the bank commission/exchange rate is determined for cashless transactions, how the Russian FOREX market works, and foreign exchange trading on the market and over the counter
FOREX quotes
VTB daily quotes the following currency pairs for its cashless foreign exchange transactions:
- USD to RUB; EUR to RUB
- Australian dollar, Canadian dollar, Swiss franc, Danish krone, British pound, Japanese yen, Norwegian krone, Swedish krona, Singapore dollar to US dollar
- Australian dollar, Canadian dollar, Swiss franc, Danish krone, British pound, Japanese yen, Norwegian krone, Swedish krona, Singapore dollar to the euro
Cashless foreign exchange transactions involving other currencies (freely convertible currencies not quoted by VTB, currencies with restricted convertibility, clearance currencies) are performed individually upon prior agreement with the bank. The exchange and terms of the transaction (Value Today, Value Tomorrow or Spot Transaction) are also set individually for each transaction.