Introduction

FX swap is a type of foreign exchange transaction whereby both parties agree on two foreign exchange transactions of the same currency pair. The amount of one of the currencies should be the same, and both parties swap twice on two delivery dates and in different directions.

Product Advantages

It allows clients to lock in the exchange rate risk and match the cash flows of two foreign-currency assets without bearing the risk of exchange rate fluctuation, so as to meet their business needs.

Target clients

Government departments, enterprises and institutions with good credit standing and payment capacity that have business relations with or have opened corresponding accounts with the Bank.