Globe watch
Foreign market conditions are often volatile and it is essential that exposures be continuously and closely monitored in order to maximise gains or minimise losses. Our worldwide network provides you with 24-hr access to the financial markets. We can accept your overnight foreign exchange orders and execute them effectively on your behalf, day or night.
Periodical Economic Reports
Standard Chartered provides you with quarterly reports covering the latest developments in the market place produced by our dedicated treasury economists. Strategic market analysis, country and currency reports are also produced periodically. Views on interest rates, currencies and economies along with future projections are given. This research gives you detailed insights into the markets in a clear and concise manner and enables you to decide your dealing strategy with the benefit of accurate market information.
Daily Market Report
Standard Chartered Bank prepares on a daily basis a report of market movements over the last 24 hours, which is available via fax or email. This report gives you a bird’s eye-view of latest exchange and interest rates. It also enables you to keep in touch with markets and plan your requirements.
The Products We Offer
These include, but not limited to:
Spot Foreign Exchange
This is a sale or a purchase of a currency against another currency for delivery within two business days. We have a competent customer relationship management process, high-level service in terms of feedback and a large balance sheet size that enables us tackle relatively large amounts at very competitive pricing.
Forward Foreign Exchange
You exchange one currency for another at a rate agreed today with delivery at some time in the future. You benefit from fixed future exchange rates, which provides protection against subsequent adverse exchange rate movements in the spot foreign exchange market. This gives you known future cash flows and accurate budgeting.
Structured Deals
Standard Chartered Bank was the first bank to introduce and trade in Currency options products in Cameroon. We offer competitive and innovative structured solutions to our clients that enable you enhance interest returns and also minimise foreign exchange costs. We work hand in hand with colleagues in Trade Finance, credit etc…. to structure solutions for clients in all areas.