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Foreign Exchange



Foreign Currency

We provide efficient Collection of Clean Instruments such as Foreign Currency Cheques (Drawn Overseas), Travelers Cheques and International Money Orders. The Bank also undertakes Documentary Collections on behalf of its Clients engaged in Import (Inward Collection) and Export (Outward Collections) Trade. Our Treasury Department has a live connectivity to the Reuters Dealing System to facilitate the provision of competitive Foreign Exchange Rates. We offer both the Sale and Purchase of Foreign Currency in USD, GBP, EUR and ZAR and a full range of Forex Banking products.


Benefits

  • Competitive Rates in the Buying and Selling of Foreign Currencies

  • Full Range of Banking Products

  • Daily Forex Market Analysis Report

Click the below link to view the daily forex rates and report.

Daily Forex Rates and Report



Current Accounts

The Bank is a member of the local foreign exchange clearing house. As such, customers may open current accounts in USD, GBP and Euro, and cheque books will be issued in these designated currencies.

Benefits

  • Free monthly statements
  • No charge for cash deposits
  • Account holders can deposit locally drawn foreign currency cheques into their accounts for local fx clearing
  • Issuance of cheque book in foreign currencies
  • Cash or cheque deposit & withdrawal at any of our branches
  • Unlimited free deposits and withdrawals

To enquire about this service, kindly visit any of our branches or email: customerservice@paramountbank.co.ke



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Paramount Bank Ltd is regulated by the Central Bank of Kenya
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