Fill out an application to place a conversion transaction through the BMatch platform, indicate the currency you are selling, the currency you want to buy and at what rate you want to convert, wait for the broker and, in case of your consent, you will receive the converted amount in your account.
To place a conversion application on the Bloomberg BMatch platform you need:
Have a convertible amount in your account (min $100,000 or local currency equivalent in increments of $10,000) and a platform registration fee;
Choose the type of transaction: purchase or sale of USD;
Specify from which account you want to sell, and on which account you are buying the currency;
Set the desired rate and launch the Bloomberg BMatch placement application.
You will receive information about the status of the request in a few minutes. If you make a transaction on the BMatch platform with the parameters specified in the application, the conversion operation will be performed, and the amount will be credited to your account.
The product can be used by both physical persons and legal entities.
To activate the service, visit any Basisbank service center. Activation of the service is free of charge.
