FX Forward 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 Forward transaction is a binding obligation to buy or sell a certain amount of foreign currency at a determined exchange rate and the payment will be made at the specified day in the future, maximum 365 days.

Targeted clients

Corporates

Features of product

Currency pairs

Ccy/VND

Tenor

03 days to 365 days

Note

The last day of the term of the FX forward must not come 5 days before the payment date according to the customer’s supporting documents.
Customers have to deposit for the transactions as OCB’s regulations.

Advantages

Hedging for adverse exchange rates movements.
Optimization cash-flows management.
Competitive forward rates.
No transaction fees.
Simple and fast documents processing.

Document required

Forward 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