Cross Currency Transactions
Cross Currency Transactions let you convert a foreign currency into a different currency, after converting it temporarily into yen. For example, you might convert US dollars to Euros, or Australian dollars to British pounds.
For PRESTIA GOLD customers, we offer a discount/fee-waiver service for Cross Currency transactions in which the foreign exchange commission for the conversion of a foreign currency into yen will be waived. Also the foreign exchange commission for the conversion of yen into a foreign currency will be 70% off.
Ex. Exchange from Euros to British pounds: Foreign exchange commission (one way/per unit of foreign currency): Euro: 1 yen, British pound: 1 yen
PRESTIA GOLD Customers
- *Foreign exchange commissions vary depending on the currency. For more information, please contact our branches, PRESTIA Phone Banking, or check our website.
- *Please keep in mind that this preferential treatment as it applies to foreign exchange does not apply when conducting the exchange from foreign currency to yen and then from yen to foreign currency at separate times.
- *A discount on foreign exchange commission for cross currency transaction is rounded down to two decimal place.Therefore, the discount rate might be less than 70% depending on the currency.
Notes about Foreign Currency Deposits
Please see here for the details of Risk of loss of principal, Commissions, Other considerations and available currencies, etc.
Company Name: SMBC Trust Bank Ltd.
- Products and services featured here may not be purchasable or able to be provided to customers for various reasons determined by SMBC Trust Bank. We kindly request your understanding in advance.