Tsedey Bank provides money transfer services through SWIFT. SWIFT is a worldwide
financial messaging system that enables Banks to transfer funds in fast and secured
way.
Tsedey Bank SWIFT Code - TSDYETAA
Purchase and Sales of Foreign Currency (F/CY) Cash Notes
Forex bureau of the Bank buy FCY Cash Notes at the prevailing exchange rate.
Forex bureau of the Bank also sell FCY Cash Notes for Holiday travel expenses,
Business travel allowance, medical expense, Educational expenses and General
transfers as per NBE’s Directives and the Bank’s Policies and Procedures.
Tsedey Bank opens and maintains accounts denominated in foreign currency
that provides the Account holders the privilege to instruct transfer of funds
abroad without foreign exchange permit.
Retention Accounts
Tsedey Bank opens and maintains foreign currency accounts for exporters and
frequent recipients of foreign exchange remittance to enable retain all /portion of
their export earnings and inward remittances as per the NBE directive.