Cash Management

SGBCy offers innovative cash management tools.

SGBCy operates an in-house cheques clearing system that facilitates the collection of cheques whether within SGBCy branches or local banks.

SGBCy has also a Remittance Express Service; a unit that facilitates money transfers either within Cyprus or to other foreign correspondents. This system has increased SGBCy’s capability to timely transfer foreign funds.

SGBCy provides Fast Money Transfers on a worldwide scale, using the vast network of the Societe Generale Group, money transfers may be executed by SWIFT easily, quickly and efficiently.

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Rates

The following rates are indicative
Buying Selling
United States Dollar USD 1.2739 1.2651
Japanese Yen JPY 106.7200 105.9700
Swiss Francs CHF 1.2875 1.2786
Great Britain Pounds GBP 0.8244 0.8185
Dihrams AED 4.7096 4.6163

all above rates are quoted
1EUR = x foreign currency

Last Updated: 09 September 2010