Cross Currency Swap (CCS)

Cross Currency Swap (CCS)

A cross currency swap involves the exchange of payments denominated in one currency for payments denominated in another. Payments are based on a notional principal amount the value of which is fixed in exchange rate terms at the swap's inception
Targeted clients
Corporates

Features of product

CCS contract
CCS contract is Independent with underlying asset. 
CCS tenors
CCS tenors are flexible from 1 year to 5 years
Principal
Principal is exchanged at the beginning, periodically or at the end of contract
Payments fee
No up-front payments and premium are made.

Advantages

  • CCS solution offers Corporates opportunities to reduce borrowing costs in both domestic and foreign markets so they are an effective solution to long-term currency hedging needs.

Document required

*For further information, do not hesitate to contact via email fxsales@ocb.com.vn or 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.
Customer support
1800 6678