Euro conversion principles

Print

Main principles of the product conversion are:

• "big-bang" principle = conversion of all current accounts and bank products in one day
  
• numbers on the clients' current accounts remain unchanged
  
• principle of contract continuity retention
  
• even after the conversion rate is declared (about June 2008), the market rate SKK/EUR will exist further until the day of transition to the Euro currency
  
• list of foreign exchange will change its structure