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Foreign Exchange
Our bank has the profound expertise and resources to help the commercial customers meet their business needs related to the foreign exchange market and managing the risks arising from the foreign exchange rate fluctuations that may adversely impact the standing of the business. Currently, we provide spot and forward foreign exchange services to our commercial customers in major foreign currencies plus AMD and any combination thereof.
Foreign Exchange deals
A spot contract is a binding obligation to buy or sell a certain amount of foreign currency at the current market rate quoted by the Dealers of our Bank. We provide preferential rates for the commercial customers in view of building long-term relationship with them.
Forward Contracts
Forward Foreign Exchange Contracts (PDF, 187KB)
Forward Foreign Exchange - identifying and managing foreign exchange risk (PDF, 52KB)
