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Banking System | Exchange Operations

Exchange Operations

Exchange operations imply purchase/sale from/to natural persons of foreign cash and foreign currency denominated cheques.

Exchange operations are regulated by the following regulations:

  • Law on Foreign Exchange Operations
  • Decision on Terms and Procedure for Performing Exchange Operations  
  • Guidelines for the Implementation of the Decision on the Requirements for and Manner of Performing Exchange Transactions

 

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Foreign Currency Purchased and Sold
Minimum and Maximum Amounts Paid and Charged by Banks in Exchange Transactions