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Treasury

GTBank has a fully-fledged Treasury team dedicated to providing innovative solutions for your foreign exchange needs and investment in fixed income securities, supported by the latest state-of-the-art infrastructure; proficient in meeting all treasury requirements.

The Treasury Team issues continuous market up-dates daily and a weekly summary to enable its corporate, institutional, trade and retail customers to keep abreast of the latest market news and currency trends.

  • GTBank offers both spot and forwards FX services.
  • Competitive pricing.
  • Convenience – with proper ID, this is an OTC service.
  • Commission free FX.
  • We handle all the major international and regional currencies
  • Real time market updates available

Requirements

  • Must observe all BNR regulations regarding FX business
  • All forex transactions are subject to the current Kenyan Exchange Control regulation.
  • Any foreign currency purchase from the Bank of more than USD 10,000 (or equivalent) shall be documented in accordance with the regulation in place.
  • The rates indicated hereafter are applicable to forex transactions up to USD 5,000 (or equivalent).
  • For forex transactions of more than USD 5,000 (or equivalent), a firm quote shall be obtained from the relevant Relationship Manager / Relationship Officer / Treasury Dealer.
  • The Treasury Sales Desk is at the disposal of GTBank’s Corporate Clients to provide them information related to local/international forex and money markets.
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