Treasury services

FX swap is a transaction to buy or sell the same amount of foreign currency (only 2 currencies used in 1 transaction), including 01 FX spot and 01 FX forward. 2 types of FX swap: sell spot/buy forward and buy spot/sell forward.The swap rate is fixed at the date of signing. The value date of 2 transactions is different and is at least 03 days, at most 365 days.

FX forward is an agreement between two parties to buy one currency against selling another currency in the future at an forward rate agreed at the date of signing. The transaction term is at least 3 days, at most 365 days

FX spot is an agreement between two parties to buy one currency against selling another currency at an agreed price for settlement on the spot date. The value date for fx spot transactions is T + 2 working days.