FX Swap

FX swap or cross currency swap is a contract between two counter parties to exchange amounts in different currencies at agreed exchange rates. Simply put, it represents two transactions, one of which is FX Spot - purchase (sale), and the other FX Forward - sale (purchase) of foreign currency. Purchase exchange rate in future is determined in the same way as the FX Forward rate.

Contacts

Institutional Sales Group
Tel: 072 37 2288
Corporate Sales Group
Tel: 072 37 2222

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