Foreign Exchange

• Foreign exchange services for spot¹, fixed forward, optional delivery forward to meet your trading needs and funding requirements such as payment/receipt of trade bills, remittances, fund transfers and loans

• A variety of hedging instruments/products such as Long Term FX Forward and Currency Option, to better manage your foreign exchange exposures

Please contact Global Markets Sales during office hours:

Notes

Value Date
Value date refers to the date on which actual exchange of funds i.e. payment/receipt takes place. Funds can only be used when they are credited with "good value". Foreign Exchange (FX) rates are generally quoted on a spot basis.

¹ Spot Transactions

An FX spot transaction is a deal in which you and us agree to exchange agreed-upon amounts of two different currencies at an agreed exchange rate for settlement in 2 business days. Spot rates can be adjusted to provide for transactions taking place today or tomorrow. These transactions are known as "Value Today" or "Value Tomorrow".

Forward Transactions
A forward transaction is an agreement between you and us, which is agreed today, to exchange agreed-upon amounts of two different currencies at an agreed-upon rate/price for delivery on an agreed future date.

• Enjoy competitive rates for a wide range of foreign currencies and the ability to hedge your foreign exchange exposures
  
  
• Secure/book Foreign Exchange (FX) rates in advance from a suite of more than 20 currencies (Malaysian Ringgit and other Currencies)
  
  
• Corporates with less exposures can enjoy hedging benefits with a smaller contract size

Please contact Global Markets Sales during office hours:

Please contact Global Markets Sales during office hours:

Please contact Global Markets Sales during office hours:

Terms and Conditions