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Currency Exchange Operations

Currency Exchange Operations

Purchase and sale of non-cash currency 

Sberbank is an active participant in the Russian and international currency markets, and it is one of the top ten operators in conversion (currency exchange) operations on MICEX. Correspondent relations with the world’s leading banks allow Sberbank to offer its client the best rates on the currency market.

Thanks to established partnership relations with banks of the CIS and Baltic countries as well as to the availability of subsidiary banks in Kazakhstan, Ukraine and Belarus, Sberbank provides services involving conversion operations with the currencies of those countries. The bank performs currency exchange operations with more than 20 currencies, including:

Code Currency
RUB Russian ruble
USD US dollar
EUR Uniform European Union currency 
AUD Australian dollar
BYR Belorussian ruble
CAD Canadian dollar
CHF Swiss franc
CNY Chinese yuan
CZK Czech koruna
DKK Danish krone
EEK Estonian kroon
GBP Great Britain pound
JPY Japanese yen
KZT Kazakhstan tenge
LTL Lithuanian lita
LVL Latvian lat
NOK Norwegian krone
PLN Polish zloty
SEK Swedish krona
UAH Ukrainian hryvnya
  Dollar for settlements with India

Bank's Currency Exchange Services

  • Currency exchange operations according to the bank's exchange rate with NO commission charged.
  • Execution of orders at the current stock exchange price when performing transactions on MICEX, with commission charged according to the bank's tariffs.
  • Execution of limited orders when performing transactions on MICEX, with commission charged according to the bank's tariffs.

Currency exchange operations are performed based on the client's instructions given to the bank in hard copy or through the Bank-Client system. 

The bank offers to its largest corporate clients:

  • Currency exchange operations with settlements performed today, tomorrow or spot (the second business day)
  • Services in the forwards market
  • Operations with foreign currency derivatives (foreign currency options)

For more detailed information on foreign exchange operations, contact your nearest Sberbank branch or operations department.