What does "foreign exchange risk coverage" mean?
A legal entity is naturally covered against currency risk if the level of monthly income in the currency of the loan (or indexed to the currency of the loan) ...
Can foreign currency savings accounts be opened for legal entities as well?
Unfortunately, they cannot. 😞 Legal entities cannot open foreign currency savings accounts. 🙁
Are foreign currency deposits guaranteed?
Yes, the compensation is granted for deposits made in any currency. 💰
Under what conditions can the currency of a loan contracted by a legal entity at BT be changed?
The currency of a loan can be changed under the following conditions: ➤⠀the change will be made at our rate on the day of the operation;➤⠀the mortgage registered on a ...
What does "person not naturally covered against currency risk" mean?
You have this title if you do not obtain eligible income for credit reimbursement: ➤⠀denominated;➤⠀or indexed to the currency in which the credit is ...
What fees apply to foreign currency transactions (outside the country)?
For transactions made in a currency other than lei, a currency conversion fee is applied. The exchange rate used is that of the processing network ...
Can I refinance a mortgage loan if I have a foreign currency loan?
Yes, it is possible to refinance a loan in euros (EUR) through a new loan in lei (RON) or vice versa, depending on your financial situation and ...