• The foreign exchange rate used: are those related to currency exchange operations initiated through electronic banking services, valid at the time of execution of the respective payment or cashing operation;
• The channels through which the bank's customers can initiate payment operations for which the currency of the payment is different from the currency of the beneficiary’s account:
• Operations in branch (paper based)
• electronic payments: George and Phone Banking
• Limit hours for processing:
• 17:00 o’clock for electronic payments
• 15:00 for branch operations (Debiting payer’s account on the same working day and payments with the currency date established according to the payment’s currency and the payment’s type (normal/ urgent))ora 13:00 pentru operaţiunile de plată pe suport hârtie
• Examples:
  • payment operations: the bank's customer initiates a payment operation, ordering the bank to perform the transfer of an amount in a currency (such as EUR) that is different from the currency in which the paying account is open (such as RON);
  • collection operations: the bank's customer receives a collection operation relating to an amount in a currency (such as USD) that is different from the currency in which the beneficiary account is open (such as RON).

BCR processes cross-currency incomings without any limit for amount (mentioned in the application of article 82.1.4 of the framework contract for banking services).

• Zero fee for the cross currency payment and collection service;
• The fees associated with the payment operation are those included in the Standard rate of BCR fees for individuals, while their level can be adjusted depending on bank policy.