Solution information

Solution information

Content

  • Two parties commit to buy and sell an amount of this currency with another currency at the exchange rate determined at transaction time.
  • The minimum payment date is 03 (three) business days from the transaction date.
Show more  Show less 

Benefits

  • Pre-arrange an amount of foreign currency to meet future payment need.
  • Mitigate risks of currency volatility, promoting the sustainable development of the business
Show more  Show less 

Conditions for business

  • Upon buying foreign currency forward, clients must provide documents evidencing the purpose, quantity, and type of foreign currencies, settlement date for payment/wire transfer in accordance with applicable regulations on foreign currency management.
  • The maximum tenor of FX forward transaction between VND versus a foreign currency shall be 365 days from the trade date
Show more  Show less 
Reject
We use cookies for you to have a better experience on this website.
Accept