BCR launches negotiated FX trading in George Business for 66 currency pairs

More than 8,800 George Business customers currently have access to FX Pro. In June, around 85% of foreign currency volumes ordered through the platform were executed using FX Pro. EUR/RON accounts for more than 80% of the foreign exchange volumes traded through George Business, reflecting the importance of the European Union in Romania’s foreign trade. USD/RON follows with approximately 10% of total volumes.

Banca Comercială Română (BCR) has launched FX Pro, a new George Business feature that gives companies access to personalized, negotiated foreign exchange rates directly through the digital banking platform. The service covers 66 currency pairs and enables companies to complete FX transactions entirely online, with real-time quotes and no hidden conversion fees.

Through FX Pro, customers enter the transaction amount, receive a personalized quote based on current market rates and confirm the transaction in two clicks. Transactions are executed within seconds. The service is available for personalized quotes between 9:00 a.m. and 5:30 p.m.; outside this window, companies can continue to exchange currencies at BCR’s standard rate.

“Through George Business, negotiated FX rates are becoming simple and accessible to any entrepreneur and company. BCR customers have access to personalized quotes directly in the platform for 66 currency pairs, updated in line with current market rates, without phone calls or time-consuming negotiations,” said Bogdan Cernescu, Corporate Banking Director at BCR.

“We are democratizing access to trading conditions that can make a real difference for entrepreneurs. It is a transparent, simple and digital way of doing corporate banking, as well as a way of rewarding the loyalty of customers who are growing their businesses alongside us. In an economy with more than €220 billion in annual foreign trade, entrepreneurs need tools that help them be prepared for anything,” he added.

More than 8,800 George Business customers currently have access to FX Pro. In June, around 85% of foreign currency volumes ordered through the platform were executed using FX Pro.

EUR/RON accounts for more than 80% of the foreign exchange volumes traded through George Business, reflecting the importance of the European Union in Romania’s foreign trade. USD/RON follows with approximately 10% of total volumes.

The most frequently used of the 66 available currency pairs are EUR/RON, USD/RON, GBP/RON, EUR/USD, CHF/RON and HUF/RON.

FX exposure becomes a growing concern for Romanian companies

Managing foreign exchange exposure has become increasingly important for Romanian businesses as the exchange rate plays a more prominent role in business decisions. Romania’s foreign trade exceeded €220 billion in 2025, according to data from the National Institute of Statistics.

For companies importing goods, paying foreign suppliers or receiving payments in foreign currency, the exchange rate can have a direct impact on costs and profit margins.

FX Pro provides companies with personalized FX quotes based on current market rates, automatically and directly within George Business, regardless of the transaction amount.

The new feature is part of BCR’s broader strategy to expand George Business with treasury and liquidity management tools, aimed at helping entrepreneurs make financial decisions more quickly and efficiently.

George Business currently serves more than 11,000 companies and over 24,000 active users. The platform processes around €12 billion worth of transactions every month, equivalent to nearly 3% of Romania’s GDP.

FX Pro complements the George Business offering, which includes account and card management, individual and bulk payments, fully online bank guarantees, term deposits, statement exports, Financial Health and other tools designed to support companies’ financial management.