International Settlements

PJSC “VERNUM BANK” is a member of international payment system SWIFT, allows real-time tracking of foreign exchange earnings and without delay send remittances;
Our highly qualified specialists will help you to expand the boundaries of your business, optimizing time and costs of international payments and avoid many of the problems associated with the procedure of exchange control in our country.
The Bank offers a range of advantages for your business on buying foreign currency on IBCM and payment of foreign economic contracts:

  • All foreign currency transactions are carried out on IBCM as soon as possible;
  • continuous monitoring of interbank rates on IBCM and international markets;
  • preliminary agreement with the customer on exchange rates for buying before concluding the transaction on IBCM;
  • the possibility of transfer abroad of foreign currency on the day of purchase on the interbank currency market of Ukraine;
  • preparation and execution of international contracts and transactions;
  • customer report on payment terms on the export-import operations;
  • informing the customer about the trends in the currency market and the changes in the currency legislation;
  • settlements in the national currency for foreign economic contracts through vostro accounts;
  • provide customer references and acts of reconciliation on the status of settlements under foreign trade contracts;
  • crediting of funds to customers’ accounts on the day they are credited to the correspondent account of the Bank;
  • the implementation of compulsory and free sale of foreign exchange earnings,
  • received on the day when it is deposited in the account of the client;
  • optimal processing schemes calculations on export-import operations;
  • Individual selection of the optimal route for each payment that allows you to optimize the transfer receipts time and cost for the customer.

More detailed information can be obtained from the corporate management of PJSC “VERNUM BANK” tel. (044) 559-23-18.