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Foreign Exchange Interest Rate Swap

Overview

The Foreign Exchange Interest Rate Swap is an agreement between two parties who exchange interest payments at different interest rates based on a nominal principal amount over an agreed period of time. For example, one party pays interest at a fixed rate while the other pays interest at a floating rate.

Features

Help our customers effectively manage interest rate risks and reduce liability costs or increase returns to assets by changing the interest rate structure of their liabilities or assets.

Procedures

1. The customer enters into the Master Agreement on Foreign Exchange Wealth Management with ABC;

2. The customer makes a request to ABC, and ABC quotes a price to the customer.

3. The customer provides ABC with the Letter of Authorization for Foreign Exchange Wealth Management.

4. When the transaction is closed, ABC and the customer sign the Customer Transaction Confirmation.
Note: Please contact your local branch for detailed information about the service.

Customer Service Center : 95599

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