Client logic for the “Currency Potential” service
- Protection Against Currency Fluctuations
You lock in the exchange rate in advance, at which the currency will be repurchased 95 days later. This allows you to protect your savings from potential changes in the exchange rate. - Available Funds Today
After selling the currency, 98.98% of the hryvnia equivalent is placed in a term deposit, and the remainder remains in your account as available funds for future use. - Additional benefits from depositing funds
The amount deposited earns interest for 95 days. The deposit amount and the accrued interest are used to repurchase the currency.
|
Transaction currency |
USD / EUR |
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Minimum transaction amount |
10 000 USD / 10 000 EUR |
|
Maximum transaction amount |
250 000 USD / 250 000 EUR |
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Term of the “SWAP” transaction |
95 calendar days |
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Deposit currency |
UAH |
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Amount deposited |
98.98% of the UAH equivalent of the sold foreign currency |
|
Available balance |
the difference between the hryvnia equivalent of the sold currency and the amount transferred to the deposit |
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"SWAP" transaction fee |
none |
- Document proving the Client’s identity:
a Ukrainian passport in the form of an ID card, a passport booklet, or a Ukrainian passport for travel abroad. - Taxpayer Registration Number (TRN):
Certificate of Taxpayer Identification Number (TIN) assignment (if available). - Other documents as required by the Bank:
In accordance with the National Bank of Ukraine’s regulatory requirements regarding customer identification, verification, and due diligence.
“Currency Potential” is a comprehensive banking service that combines a SWAP transaction with the placement of a portion of the hryvnia proceeds from the sale of foreign currency into a term deposit.
For the customer, this means that:
• the terms for repurchasing foreign currency are determined in advance—you know the terms under which you will be able to purchase currency in the future;
• 98.98% of the hryvnia equivalent is placed in a term deposit;
• the remaining funds remain at your disposal as available funds for future use.
How the service works:
1. You sell foreign currency to the Bank
2. The hryvnia equivalent is credited to your account
3. 98.98% of this amount is placed in a time deposit, and the remainder remains in your account as available funds
4. Upon maturity, you purchase foreign currency from the Bank at a predetermined exchange rate
5. The deposit amount and the interest earned on the deposit, once returned to your account, are used to execute the second part of the “SWAP” transaction
From 10 000 to 250 000 USD or EUR.
The term of the SWAP transaction is 95 calendar days. The term of the deposit corresponds to the term of the SWAP transaction.
98.98% of the hryvnia equivalent of the foreign currency sold is transferred to a deposit account. The difference between the hryvnia equivalent and the amount transferred to the deposit account remains in your account as available funds.
Yes. The available funds remain in your account and can be used by you for future needs.
In the second part of the “SWAP” transaction, you purchase foreign currency from the Bank at a predetermined exchange rate agreed upon when the service was arranged.
The deposit amount and the interest earned on the deposit, once credited to your account, are used to execute the second leg of the transaction under the terms of a “SWAP.”
No. The terms of the service do not allow for partial withdrawals or early termination of the deposit.
No. The terms of service do not allow for deposit replenishment.
No. There is no fee for transactions conducted under the “SWAP” terms.
Free of charge from all numbers of Ukraine
Working hours of the contact center: from 08:00 to 20:00
according to the operator's tariffs
095 0500 999 095 0500 999 098 0500 999
Contact us by e-mail:
USD
EUR
PLN