TOD, TOM and SPOT transactions

We offer fast and easy conversion of currency at a profitable exchange rate.

TOD, TOM and SPOT transactions allow converting of one currency into another at a rate defined by the Bank and on an agreed with you date.
 

Upon conclusion of a TODay (today) transaction, currency conversion is made on the transaction date.

TOMorrow (tomorrow) transactions enable to perform currency conversion the day after the transaction date. Besides, the exchange rate is fixed upon conclusion of the transaction.

A SPOT transaction is similar to a TOMorrow transaction, but conversion here is made on the third day after the transaction date.

With conclusion of TOMorrow and SPOT transactions, the Bank will block in the account an amount of 10% of the transaction volume to guarantee fulfillment of Client obligations. If the Bank suffers any rate volatility related losses due to non-fulfilment of Client obligations these losses will be covered by the amount blocked in the account. This amount will be unblocked after execution of the transaction.

Transactions exceeding EUR 1000, are performed according to the standard rate set by the Bank on that particular day (exchange rate may change within a banking day).

For transactions exceeding EUR 1000, you may receive individual terms and conditions of currency exchange. Your Private banker or Dealer will help you to apply for individual terms and conditions of currency exchange.

Agreeing on Individual Rates in Trast.Net

When making a currency exchange transaction via the internatbank Trast.Net, you may negotiate online with a bank representative on a preferable and particularly beneficial exchange rate, matching the rate in a specialized chat. 

To start the process of negotiation, you have to specify all the date necessary for execution of the transaction along with filing in a currency exchange order in the Trast.Net system:

account number,

the currency to be sold or purchased,

amount (from EUR 1000 or an equivalent of this amount in other currency),

conversion type - „By agreement”.

Having provided all the parameters, choose the command “Negotiate” in your order and you will get a reply from a bank representative. You may either negotiate with the dealer or offer your preferable exchange rate. To make a deal both parties have to agree on the terms of transaction. After a mutual agreement you have to send a transaction order to the bank and the transaction will be made based on the agreed terms. Such negotiation of individual interest rates is available during the business hours of the bank from 9:00 a.m. to 5:30 p.m.

If you wish to apply for this service:

in case you are our current client,
you should contact your Private banker or Dealer  

in case you are our current client, you should:
open a Current Account with the Bank
turn to your Private banker for help with applying for the service.