2025-07-20 20:24:16
I&M Bank Uganda - Foreign Exchange

Foreign Exchange Services

The best deals on major currencies

Transact with I&M Bank for the best foreign exchange price value in Uganda.

I&M Bank is connected to the global currency hubs as well as the Uganda foreign exchange market via a first-class network of foreign correspondent and local banks. We offer foreign exchange services and facilitate remittances in the following International currencies:-

United States Dollar | The Euro | Pound Sterling | Indian Rupee | Japanese Yen | South African Rand | Kenyan Shilling

Our presence in East Africa enables I&M Bank to offer foreign exchange and remittance services using RTGS or SWIFT. We transact for SPOT and FORWARD foreign exchange services in the above-mentioned currencies and do specific vanilla derivatives like Currency SWAP’s for qualifying customers upon application and appraisal.

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Our customers may also subscribe to our informative daily Treasury Newsletter for currency news, market updates, and foreign exchange trends. (Simply send an email to [email protected])

For Corporate and Business banking customers, the I&M Bank Treasury offers dedicated one-to-one Treasury relationship management to ensure seamless foreign exchange services and the best value for your firm. Talk to I&M Bank and you’ll love the difference in the foreign exchange value you shall receive.

Interact with I&M Bank for better foreign exchange value and services through our strategically located branch network, by telephone and our online channels including the I&M Bank mobile banking app.

WITH EFFECT FROM - 04 July 2025
VALID UPTO - 31 July 2025

Deposit Range (UGX) 1 Month 3 Months 6 Months 12 Months
5,000,000 - 50,000,000 5.75% 6.75% 7.75% 8.50%
50,000,001 - 250,000,000 6.50% 7.75% 8.75% 9.50%
250,000,001 - 500,000,000 7.00% 8.50% 9.50% 10.25%
500,000,001 - 1,000,000,000 7.50% 9.25% 10.25% 11.00%
Above 1,000,000,000 7.75% 9.75% 10.75% 11.50%
Deposit Range (USD) 1 Month 3 Months 6 Months 12 Months
10,000 - 50,000 1.75% 2.50% 2.75% 3.00%
50,001 - 100,000 2.00% 2.75% 3.00% 3.50%
100,001 - 500,000 2.25% 3.00% 3.50% 3.75%
Above 500,000 2.50% 3.25% 3.50% 3.75%

Note: These rates are for payment on maturity only

Foreign Currency Exchange rates as at : July 18, 2025

CurrencyBank Buy TTBank Sell TTBank Buy CashBank Sell Cash
USD / UGX3384375433943764
GBP / UGX4520504044905070
EUR / UGX3944449439344499
KES / UGX25.0532.0524.0531.05
INR / UGX39.5944.59
ZAR / UGX130254
JPY / UGX22.6027.60

Contact our Treasury dealers for more information