1800 6656 Branches & ATM

Product details

Forward FX is the transaction in which VRB and you agree to buy and sell an amount of foreign currency:
  • At an FX rate set on the agreement date.
  • Settle on a specific future date (not longer than 365 days since the agreement date).
When you want to hedge against the volatility of FX rate, you can use our forward FX service.

The transaction term

The transaction term is at least 3 days, at most 365 days

The Exchange rate

VRB Foreign Exchange Forward transactions always meet the enterprises' demands for legal foreign currencies trading with competitive rates

Benefits

Avoid FX rate volatility because FX rate is fixed

Budget your future expenses if the expenses are in foreign currencies

Avoid foreign currency liquidity crunch in the market

© 2017 Vietnam - Russia Joint Venture Bank