Foreign Trade Activities
Reliable solutions for international business
Currency transactions
The NBU provides you with all services for foreign exchange transactions in accordance with the current legislation of the Republic of Uzbekistan:
A personal currency manager will help you prevent violations of the law
Individual approach to your operations
Monitoring Swift transfers using Gpi tracker
Entering information on contracts and comparing it into UEISVO
Payment tracking (GPI tracker)
Gpi tracker - will allow you to track in real time the status of execution of a currency transfer by other banks after it has been sent from the NBU via the SWIFT system
The service allows you to check:
Payment status
Payment deadline
The amount of commission charged by foreign banks
The total amount credited to the final recipient's account
Dealing operations
FX Milliy Terminal
An application to connect to the FX Milliy Terminal platform can be submitted by using the link
Interbank deposits
NBU JSC actively participates in the interbank money market, both in the Republic of Uzbekistan and abroad, while simultaneously placing deposits in reliable banks and attracting deposits from professional participants and clients
Conversion operations
The NBU quotes the following types of currencies:
• EUR - currency of the EURO zone;
• GBP - British pound;
• CHF - Swiss franc;
• JPY - Japanese yen;
• CNY - Chinese yuan;
• RUB - Russian ruble;
• UZS - Uzbek sum.
* Commission for Forex transactions is not charged.
* Consulting support for clients is provided.
Conversion and banknote transactions with foreign currency
The NBU provides the following services for transactions with foreign currency:
• Banknote transactions (for banks);
• purchase and sale of cash foreign currency for non-cash currency;
• sale of new banknotes in the packaging of the American bank of the issuer;
• “fit/fit” – purchase and sale of used banknotes.
The level of commission depends on the volume and specific terms of the transaction.
NBU conclusion of transactions is carried out through communication means of global data providers and financial market infrastructure such as:
• Refinitiv FXall (Reuters)
• Bloomberg Professional
• FX Milliy Terminal
A distinctive feature of the NBU dealing division is that transactions are carried out only with professional financial market participants.
• FX Milliy Terminal is a software designed for trading on the Forex currency market for bank clients. Our terminal is easy to use, reliable and has all the necessary functions for market analysis and making transactions
Brokerage operations with securities
Securities brokerage is the process of buying and selling securities in financial markets at the expense of investors based on their requests. This process is a key element in investing, allowing investors to buy and sell stocks, bonds, funds and other instruments in the stock market
Custodian services
Custodian services are services for storing and managing client assets, such as securities and other financial instruments. Custodians provide clients with secure storage services and ensure the availability of their assets, process settlements and transfers, and can also manage the client’s portfolio
Derivatives
Derivatives
Forward
Repo
Swap
Option
A derivative is a contract whose price and obligations are closely related to the value of the underlying asset. Derivatives are contracts and describe the obligations of the parties to comply with specific terms relating to the transfer of an underlying asset.
There are two main types of derivatives:
Current obligations (for example, futures);
Contingent obligations (such as options)
The value of a derivative instrument indirectly depends on fluctuations in the price of the underlying asset. Derivatives are commonly used to hedge open positions, reduce the impact of price fluctuations, and for speculation.
Forward contracts
The over-the-counter version of a futures contract is called a forward contract. They are not traded on an exchange; rather, the terms are determined by the parties to the agreement.
Interest rate swaps are derivative contracts between two parties, often between a bank and a company. Both parties formulate terms that are not agreed upon in advance and may vary depending on the needs and risks of each party.
Repo contracts
Repo contracts (from the English repurchase agreement - repurchase agreement) is an agreement between two parties, according to which the seller agrees to sell a certain asset to the buyer, and the buyer agrees to resell the same asset back to the seller at a certain point in the future. Repurchase contracts are widely used in the financial sector, especially in the debt securities market, and are an important tool for managing liquidity and risk.
Swap contracts
Swap contracts are financial instruments that allow market participants to exchange payment streams associated with various financial instruments for a certain period of time.
The most common types of swap contracts are interest rate swaps and currency swaps.
An option
An option is a contract that gives the right, but not the obligation, to buy or sell an asset (for example, currency, stocks, futures) at a predetermined price and at a predetermined time.
