Tochka Bank has launched an option to “trap” the exchange rate of the Chinese yuan and the Kazakh tenge, the company said. The entrepreneur must set the desired rate, and if it appears during the day, the bank will buy the required amount of currency.

Tochka launched a free option to “catch” the exchange rate of the yuan and the tenge

You can use the option in the Internet bank “Points”. The application to “take” the course can be canceled at any time and a different course set up. The service is free.

“Businessmen in most cases prefer to settle accounts with counterparties in other countries in their national currency, as this simplifies the transfer of money from one bank to another. To help the businessman save money on cross-border transfers, we launched the option to “catch” the fee,” said Anna Davydova, head of the VED Import directorate in Tochka, who was quoted as saying in the message.

According to Tochka, the share of imports from China and Kazakhstan to Russia in the first half of 2023 was 42% and 5%, respectively.

Author:

anastasia mariana

Source: RB

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I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.

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