FX Forward

FX Forward

“Lock in the specific rate to avoid volatility of the foreign exchange market”

CB Bank helps our customers protect their business from exchange rate volatility. Customers can lock in a specific exchange rate to hedge currency volatility. 

FEATURES AND BENEFITS
  • Customized contracts up to 3 months
  • Free of charges
Terms

  • 1 Week

  • 3 Weeks

  • 1 Month

  • 3 Months

Letter of indemnity can be used instead of cheque.
Workflow of FX FWD Trading (workflow diagram)

  • Customer contacts CB Bank FX Team by phone or by email

  • CB Bank FX Team offers the best rate to Customer

  • Customer signs the order confirmation

  • Customer delivers the cheque at any CB Bank branch or to FX Department one day before the maturity date.

  • CB Bank FX Team credits customer account upon maturity