Foreign Currency Services
In compliance with the CBI regulations, IVBB offers foreign currency services to corporate and personal customers as follows:
Deposit Tenor
US Dollar (USD)
Euro (EUR)
UAE Dirham (AED)
1 year
1.5%
1%
6 months
0%
3 months
0.5%
1 month
· Purchasing foreign currency funds (both cash and TT) from our clients at the best possible rates.
· Exchanging foreign currencies
· Buying/Selling foreign currency funds based on import request of our clients and CBI allocation.
The following tables is the foreign currency facilities and services IVBB offers.
Foreign Currency Facilities
Foreign Currency Guarantees
Foreign Currency Documentary Credits (export & import)
Foreign Currency Promissory Notes
Foreign Currency Remittance (outward & inward)
Foreign Currency Transactions
SWIFT Services
Other
Online Banking Services
Interbank Checks
Bank Checks
Interbank Remittance