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FOREX
Being a member of MICEX and an active participant in the Russian and international interbank currency market Absolut Bank offers its partners and correspondent banks the full range of services in the performance of conversion operations.
The Bank purchases/sells foreign currency for rubles at the “today,” “tomorrow” and “spot” rates and performs cross-currency swop transactions. For the banks which have no established limits for the performance of operations Absolut Bank offers the performance of conversion operations with the delivery by a partner of rubles within 1st-4th sessions via a division of the settlement network of the Bank of Russia, or of foreign currency by an “early payment”; transactions can also be concluded on a “split value” basis.
The Bank actively uses the Bloomberg information-trading system, the MICEX exchange terminals, the REUTERS – Dealing 3000 information-dealing center.
The Bank maintains partnership relations and has limits established with the first-class foreign financial institutions and leading Russian banks. In this way, the Bank ensures the performance of conversion operations in accordance with the best quotations of the international forex market on a real-time basis and works with all main world currencies.
Absolut Bank also offers the services in the performance of conversion operations with Byelorussian rubles and Ukrainian hrivnas.
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