Enjoy hedging benefits at competitive rates
Your Benefits
- Allow businesses to contract buy or sell foreign exchange at an agreed-upon rate/price determined today for delivery/settlement on an agreed future date
- Enable corporates to hedge their foreign exchange exposures
Eligibility
- All corporations and financial institutions who have set up a "FX Line" with the Bank. The FX line states the maximum amount and tenor that you may contract at any one time
- If your business currently has credit facilities (e.g. Letter of Credit, Trust Receipts, Overdraft) with the Bank, you may seek advice from your Relationship Manager to restructure the credit line to accommodate the additional FX facility by earmarking a portion of the existing facilities
Where can I get more information?
