A transaction in which you and the Bank agree to exchange two different currencies at an agreed rate for settlement at a future date.

Benefits
• Client can use this product to hedge their foreign exchange exposure
• Competitive exchange rates
• Commentaries and advisory on currency movements, developments and trends

Foreign Exchange Limit
Interested parties are requested to apply for a foreign exchange credit limit (FXCL). The FXCL stipulates the maximum tenure and amount for all forward transactions.

For more information, call 6320 0845/6 (for CFX Relationship Managers) or 6224 6028 (for Treasury Dealing).