Instant currency conversions at the Bank exchange rate
FX spots allow our customers to purchase desired currency with the same day value date. Spot transactions are available for any convertible currency pair.
Currency forwards are used to lock in the exchange rate for the purchase or sale of a currency on a specific future date. . Forwards are available for any convertible currency pair.
Currency swaps are used by our customers to hedge against currency risk exposure. Swaps are available in any convertible currency.
Currency options are used by our customers to exchange one currency for an agreed quantity of another currency before a certain future date. Options are available for any convertible currency pair.