Bancamiga in the Top 3 in Exchange Desk volume

Currency prices are referenced to the official exchange rate of the Central Bank of Venezuela and those purchased through Bancamiga are among those with the best average market price.

At the end of the first semester, Bancamiga has positioned itself in the top 3 banks with the highest volume in the Venezuelan Banking System, through the Exchange Desk option.

The Executive President of Bancamiga, Ariel José Martínez, stated that natural and legal persons who have foreign currency accounts can have this service through Bancamiga Online or Bancamiga Suite, quickly, safely and without intermediaries.

In Retail, people can buy from one dollar and up to 250, 365 days a year, 24 hours a day. For Retail transactions, the daily limit is $500. They will only be able to buy $4,000 per month and $8,500 per year. Legal clients can only offer currencies without daily limitation, as long as they are in maximum tranches of 8,500 USD, do not buy.

Starting at $250.01, natural and legal clients must do so through the Exchange Table option, from Monday to Friday.

Currency prices are referenced to the official exchange of the Central Bank of Venezuela. And in the case of Bancamiga, the currencies that are acquired are among those with the best average market price.

Martínez explained that another option to buy foreign currency is the BCV Exchange Intervention. In this way, the client acquires dollars or euros at the rate set by the Central Bank of Venezuela. The minimum amount is 100 dollars or euros and the order must be placed in multiples of 20.

Purchase orders may be requested on bank business days between 9:00 a.m. and 5:00 p.m. and 12:30 p.m., except on Fridays when the request can only be made from 8:30 a.m. to 9:30 a.m.

The acquisition of foreign currency through this process is conditioned on the availability of funds awarded by the BCV.

With information from Bancamiga Banco Universal

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