Since its founding in 1993 the Bank is authorized to make foreign payment operations.
Customers of the Bank: residents, non-residents, domestic and foreign banks.
Required paperwork for opening a resident foreign currency account
Required paperwork for opening a non-resident foreign currency account
Instruments of foreign payment operations
Payment orders
- Incoming payment orders -depending on the amount, commision from 0,09% up to 0,12% but not higher than MKD 20.000,00
- Outgoing payment orders -depending on the amount, commision from 0,15% up to 0,29% but not higher than EUR/USD 500,00
Cheques
- sent for collection 0,5%
Collections
- depending of the way of payment (deferred/sight) 0,2% or 0,3%
Letters of credit
- nostro letters of credit: depending on the kind of letter of credit and the collateral offered from 0,35 up to 1,6%
Letters of guarantee
- nostro letters of guarantee: depending on the kind of letter of credit and the collateral offered from 0,5 up to 2%
In modern commercial banking letters of credit and letters of guarantees are used more and more as instruments, which provide security equally for both parties of the business deal.
Letters of credit
- Unconfirmed
- Confirmed by first-class correspondent banks
- Transferable
- Stand by
Letters of guarantees
- Payment guarantees
- Performance guarantees
- Advanced payment guarantees
- Bid guarantees
Tariff for denars and FX accounts of non resident - legal entities
97 |
Opening of account |
Free |
98 |
Payments from abroad and within the country in FX |
0.2%
min MKD 600,00 |
99 |
Inflows in MKD on non resident accounts |
0.7%
min MKD 600,00 |
100 |
-Payments in MKD counter value from FX non resident account according to the buying exchange rate taken from exchange rates list
-Payments in MKD from MKD non resident account |
Free
0.5%
min MKD 600,00 |
101 |
Payments of FX cash |
1 %
min MKD 600,00 |
102 |
Deposits in FX cash |
1%
min MKD 600,00 |
103 |
Refund of unspent MKD |
0.5%
min MKD 600,00 |
104 |
Payment orders in the country and abroad and in FX |
0.29%
min MKD 600,00
+SWIFT expenses MKD 500,00 |
105 |
Payment orders in MKD in the country and abroad from MKD inflow |
0.7%
min MKD 600,00 |
106 |
Conversion of currencies |
0.5%
min MKD 600,00 |
107 |
Payments in MKD within the country by purchase of FX according to the buying exchange rate from the exchange rates list |
0.29%
min MKD 600,00 |
108 |
Transfer of funds from non resident account to custody account |
0.5% |
The payment orders are executed on the day of receipt, with value date the following working day.
Cut off time (deadline for supply of orders with same-day currency) 13.00 hours
The foreign payment operations are executed through the SWIFT network.
Main account correspondents
Information: International Division
Telephone: +389 2 3289 443; 3289 421
