Car Financing
Which documents must be submitted with the application for car financing?
The documents to be submitted are:
- quotation of the vehicle to be purchased;
- copy of your driver's license;
- recent employer statement and pay slip;
- extract from CBB [Central Bureau for Civil Affairs].
In addition, you must have an own contribution of at least 25% of the purchase price.
Why am I not receiving a letter from the Bank prior to the premium payment?
Upon signing the credit agreement, you will be notified once of the periodic premium bookings.
It is recommended that you have sufficient funds in your account around the premium payment day.
Is it always mandatory to take out all-risk insurance for the car?
All-Risk (Casco) insurance is mandatory to protect the interests of the Bank when car financing is provided.
Why is the insurance premium so high?
The financed vehicle is all-risk insured, which explains the amount of the premium.
How soon will I receive my car?
If your affairs at the Bank have been completed, you will receive the vehicle from the dealer within three business days.
How much will the redemption amount be?
The redemption amount depends on the purchase price, and the final down payment (minimum 25% of the purchase price).
Rates
September 28, 2025
ALL RATES ARE INDICATIVE AND SUBJECT TO CHANGE.
Exchange, Checks and Transfers
| Foreign Exchange | Purchase | Sale |
|---|---|---|
| USD | 38.2000 | 38.7500 |
| EUR | 44.9500 | 45.9800 |
(Spot) Cross Rates
| Foreign Exchange | |
|---|---|
| EUR / USD | 1.1460 |
| USD / EUR | 1.1760 |