You define the profit
we simplify the way to get it

Foreign Exchange service is designed to help you to get profit as much as possible from market price fluctuation with lowest risk. With international network in more than 1,500 branch offices in 50 countries across Asia, Africa and Middle East we give you direct access to get advice and information about market growth regularly from our expert. Our Financial Service and Delivery Solution Team are also designed to help you manage transaction risk, increasing profit as well as offering competitive kurs for foreign exchange transaction.

Foreign Exchange rate fluctuation is high. That is why we provide dedicated team consist of financial and foreign exchange staff who will give the right advice for all of your transactions in order to help you facing the impact of market risk toward your business.

• Foreign Exchange transaction to manage uncertainty of your transaction.
• Maximize profit in the event of your company doesn’t have cash surplus, by using product offering which can increase the profit.
• Direct access to our transaction room to get new information about market price fluctuation and economic condition in order to have better monitoring on your transaction.

Foreign Exchange Service consist of:

FX TRANSACTION
Foreign Exchange transaction with settlement value Today (TOD) and Tomorrow (TOM). Potential SME customer can get a direct dealing access to our dealer in the dealing room and get special rates.

FX LIMIT FACILITY
An FX line that provide the customer to hedge the fluctuation in foreign exchange and transacts a foreign exchange with value beyond Tomorrow (TOM), which applies for value SPOT and Forward. Customers must pledge a certain deposit margin determined by the bank to cover the risk of foreign exchange.

Benefits to customers:

• Provide an opportunity to hedge foreign exchange fluctuation.
• Use existing deposit for an additional facility while the deposit continues to earn interest.
• Competitive foreign exchange rate and opportunity to obtain the beneficial advice from SME Dealer.

Documents required:

• FX Facility Registration Form
• Terms and Condition for FX Transaction
• FX Transaction Form
• Dealing Mandate
• Pledge Agreement

Risk Factor

Any banking transactions as with other banking products contain risk factors. Our Operational and Customer Service team have acquired sufficient training to execute the transactions and deliver information to the customers on our transactions and products. We also advise that prior to opening an account and conducting a banking transaction, the customers read and understand the Terms and Conditions related to the product and transaction.

Contact us or visit our nearest Standard Chartered Bank branch to discuss your needs with our Relationship Manager (RM).