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Conversions

Conversions

Conversion transactions on Russian and international money markets

Bank Services

Sberbank of Russia is an active participant in the Russian and international money markets and conducts conversion transactions with more than 20 types of currency.

Code Currency
RUB Russian ruble
USD US dollar
EUR Common European Currency
AUD Australian dollar
BYR Belarusian ruble
CAD Canadian dollar
CHF Swiss franc
CNY Chinese yuan
CZK Czech koruna
DKK Danish krone
EEK Estonian kroon
GBP British pound
JPY Japanese yen
KZT Kazakhstani tenge
LTL Lithuanian litas
LVL Latvian lats
NOK Norwegian krone
PLN Polish zloty
SEK Swedish krona
UAH Ukrainian hryvnia
  Clearing Indian rupee
  Dollar in settlements with India

Sberbank offers:

  • Transactions with value dates from 1 day up to one year
  • Flexible price terms for transactions
  • Customized approach
  • Execution of orders at current stock-exchange quotations for transactions on the Moscow Interbank Currency Exchange (MICE)
  • Transactions with any amounts
  • Hedging currency risks using derivatives market instruments

Operations

Sberbank conducts conversion operations:
  1. With resident banks, on the basis of General Terms Agreement for Bilateral Transactions on the Interbank Market (available only in Russian)
  2. With non-resident banks, on which a risk limit is set (in such cases a signed Agreement is not required)
  3. With non-resident banks, with no set risk limit — on the condition of prepayment and on the basis of the General Terms Agreement for Bilateral Transactions on the Interbank Market (available only in Russian)