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Product Details

A currency swap is an agreement in which you conduct simultaneously two transactions:
  • One spot FX transaction to buy (or sell) an amount of foreign currency;
  • One forward FX transaction to sell (or buy) the same amount of foreign currency in the future.
In which, the FX rates, amount of foreign currency and swap tenor are specified at the time of contract signing.


When you need a foreign currency but don’t want to buy it, you can use another available currency to swap with VRB

Manage your cash flow more effectively and make use of your available currency. No FX rate risk as in spot and forward FX

Customers have opportunity to earn interest rate difference between two currencies

Secured and convenient processing and Quick procedure

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