 |
FX SWAP |
|
| |
  | FX Swap is intended for: |
| |
Legal and physical entities
| |
| FX Swap characteristics: |
| |
A currency swap (FX Swap) operation is the combination of two transactions: spot and forward. The product consists in the sale of one currency for another with settlement at spot value at the latest and the repurchase/resale with the settlement at the forward value. Both transactions are concluded at the same time and in the same volumes. The minimum volume for one transaction is 33.193,92 EUR / 1 million SKK* or the equivalent in another currency traded on the interbank market.
A currency swap can be arranged in all currencies on the exchange list of Komerční banka Bratislava. Transactions are always concluded per telephone with a dealer from the Treasury Department. The client receives confirmation of the transaction containing the transaction's parameters.
* using conversion rate 1 EUR = 30,1260 SKK
| |
| FX Swap benefits: |
| |
- individually agreed exchange rates
- no fee for conversion
- hedging against exchange rate (FX) risk
- transaction agreed over the telephone
| |
| FX Swap will enable you to: |
| |
- obtain funds in the requested currency, amount and maturity under favourable conditions
- hedge against currency and interest rate risk
| |
| How to obtain FX Swap? |
| |
You can ask for this product/service at any KB Bratislava business center. For further information about this product/service, please contact your Relationship manager or write to us to our e-mail address koba@koba.sk.
