Management of funds

For all amounts over EUR 10,000.00 in the equivalent of any foreign currency from the Adriatic Bank exchange rate list, as well as for our permanent clients, we offer the possibility of conversion at the market rate valid at the given moment on the interbank foreign exchange market. For each client, it is possible to monitor the exchange rate and be informed in a timely manner about all changes and forecasts on the foreign exchange market.

Product advantages:

• The client receives the exchange rate in accordance with the currently valid exchange rate on the interbank foreign exchange markets

Transaction features: 

• The deal is concluded by phone or email, after which the client sends supporting documentation
• Other details of the work are agreed directly with the client

It represents the purchase or sale of one currency for another in which the parties have agreed that the client will pay the dinar equivalent on the day of signing the contract, and that the Bank will remit the agreed amount on the agreed date in the future at the agreed exchange rate.

Product advantages:

• Protection against foreign exchange risk, the client fixes the exchange rate

Transaction features:

• The deal is concluded by phone or email
• A contract is signed between the client and the Bank
• Other details of the work are agreed directly with the client

A forward contract is the purchase or sale of one currency for another in which the parties have agreed that the transaction will be executed at a date in the future at the exchange rate agreed upon today. This product is extremely suitable for importers and exporters as it allows them to hedge against the risk of exchange rate changes. The forward exchange rate is calculated as the product of the current price on the market (spot) and the difference in the interest rates of the currencies traded in the period up to the date of execution of the transaction.

Product advantages:

• Protection against foreign exchange risk
• The client's account is debited/credited on the day of execution of the job

Transaction features:

• The deal is concluded by phone or email
• A contract is signed between the client and the Bank
• In order to protect against the risk of execution, the client is obliged to provide a dedicated deposit commensurate with the value of the duration of the contracted work
• Upon maturity of the forward transaction, the bank informs the client about the execution, performs the conversion and releases the deposit placed on the client's dedicated account
• Other details of the work are agreed directly with the client

Spot purchase of one currency for another with an agreed reverse conversion in the future at a predetermined exchange rate.

FX Swap serves primarily to bridge insufficient liquidity in one currency by pledging another.

By prompt conversion, for example, of EUR into RSD and the agreed reverse conversion in the future, the client receives RSD liquidity in the period until the execution of the agreed reverse conversion.

Exchange rates are formed and determined in advance for both conversions, and the basis of their calculation is the valid interest rates on the international financial markets, the exchange rate of the currency pair included in the transaction, as well as the period of validity of the transaction.

Product advantages:

• During the contracted period, the client receives liquidity in one currency, exchanging it for liquidity in another currency
• Considering that two opposite conversions of the same currency pair are contracted with pre-agreed exchange rates, the client is not exposed to the foreign exchange risk of exchange rate changes

Transaction features:

• The deal is concluded by phone or email
• A contract is signed between the client and the Bank
• The client is obliged, for the purpose of protection against the risk of execution, to provide a dedicated deposit commensurate with the value and duration of the contracted work
• Other details of the work are agreed directly with the client

Clients can replace the variable interest rate (EURIBOR, LIBOR) with a fixed interest rate (and vice versa). The price is determined according to the existing market conditions. Two cash flows based on different interest rates (fixed and variable) are exchanged in the same currency without exchanging principals.

Product advantages:

• Protection against interest rate risk.

Transaction features:

• The deal is concluded by phone or email
• A contract is signed between the Client and the Bank
• The client is obliged, for the purpose of protection against the risk of execution, to provide a dedicated deposit commensurate with the duration of the contracted work
• Other details of the work are agreed directly with the client

Interest option (CAP) is a product that users of loans with a variable interest rate (EURIBOR, LIBOR) allows fixing the maximum desired level of the interest rate that will be paid on the basis of the loan.

Product advantages:

• Protection against interest rate risk
• Fixing the maximum interest rate

Transaction features:

• The client pays the premium in advance for the purchase of the option (no additional costs)
• The deal is concluded by phone or e-mail
• A contract is signed between the client and the bank
• Other details are negotiated directly with the client