Foreign Cheques

When it comes to cashing a cheque...

Komercijalna Banka repurchases banking, traveller’s, treasurer’s cheques, as well as those of both retail and corporate clients, offering very favourable repurchasing terms.


The clients collect their money immediatelly, for traveller’s cheques up to 1.000,00 EUR, banking cheques up to 250,00 EUR and treasures’s cheques to 1.000,00 EUR by:

  • Deposit on F/X account and out payment in currency or
  • Repurchase in dinar counter-value

In other cases, cheques are being deposited on F/X account due to verification with foreign bank or sending for collection (the collection). Payment of cheque is performed upon receipt of coverage by foreign bank, in both foreign currency and dinars, according to the client’s wish.


Upon occasion of cheque repurchase, the Bank charges the fee as anticipated by the effective Bank’s Tariff of Fees.


Type of Service

Fee

 Re-purchase of foreign cheque through exchange office

2,00% min RSD 200,00

 F/X account deposit:

 

- cash F/X currency out payment – immediately upon presentation

1,50% min RSD 200,00

- out payment upon expiry of certain time period(received approval)

1,00% min RSD 200,00

- pension cheque out payment

0,50%   

 Collection of foreign cheques

2,00% min RSD 600,00 immediately upon cheque receipt + foreign bank’s expenses


Likewise, the Bank performs issue of nostro cheques for payment of goods and services abroad, on the account of client’s request. Such payments abroad are being effected in accordance with the Law on F/X Operations, with presentation of adequate documents.

Fees valid for this type of activity are anticipated by the effective Bank’s Tariff of Fees.


Type of Service

Fee

Nostro cheques issue

1,50% min RSD 200,00 per cheque

Cheque voidance 

Expenses of foreign bank