FX Swap Transaction

Name: Ngân hàng thương mại cổ phần Phương Đông
Address: Tòa nhà 41 (tầng trệt, lửng, lầu 1, lầu 2) và tòa nhà 45 Lê Duẩn - Phường Bến Nghé - Quận 1 - TP Hồ Chí Minh, Hồ Chí Minh, HCM, 700000, VN
Telephone: +84 1800 6678
Price range: $$$

FX Swap transaction is a simultaneous buy and sell of identical amounts of one currency for another with two different value dates. The exchange rate, amount of transaction and payment tenor should be determined at the transaction date.

Targeted clients

Corporates

Features of product

Currency pairs

Ccy/VND

A swap transaction is combined by the 02 transactions

First transaction: a spot or forward transaction.
Second transaction: a spot transaction with different value date from the first transaction or a forward transaction.

Swap rate

Two rates determined at the transaction date.

Advantages

Exchanging on idle currency for another to serve the Customers, such as import and export payments, outward remittances, investments, etc.
Hedging against exchange rate movement (market risk).
Benefit from interest rate differential between two currencies.
Effectively managing cash-flow.
No transaction fees.
Simple and fast documents processing.

Document required

Swap contract
Supporting documents

*For further information, do not hesitate to contact freely our Customer Service Center via hotline (24/7) 1800 6678 or OCB nearest branches

Registration procedure

Please kindly fill in the form with your information, we will contact you in soonest time.

Categories

Derivative Products

Accrual Interest Rate Swap (AIRS)

Cross Currency Swap (CCS)

Interest Rate Swap (IRS)

Forex Products

FX Forward Transaction

Cross-Border Payment to China

FX Spot Transaction