A spot contract is a binding obligation to buy or sell a certain amount of foreign currency at the current market rate, for settlement in two business days from the transaction date.
PRODUCT BENEFITS
- Clients' benefits:
+ Simple processing.
+ Huge profit expectation.
+ Ability to take market opportunities.
- Why BIDV?
+ A wide network throughout the country.
+ A leader in the foreign exchange market in Vietnam with abundant sources of foreign currency and years of experiences.
In addition to the foreign currencies on exchange rate bulletin, BIDV is able to meet the demand for buying to transfer for currencies of more than 100 countries and territories.
APPLICATION FORM/CTA
For more information, please contact:
FX Sales Desk - Treasury Department - Bank for Investment and Development of Vietnam.
+ Address: 17th floor - Block A - Vincom Tower - 191 Ba Trieu, Hai Ba Trung, Hanoi.
+ Phone: 024 – 22206827; 22206891.
+Fax: 024 – 22200549
Hedging
A hedging tool for exchange rate risk.
Opportunities
Unlimited profitability and market opportunities
Costs
Predetermined costs
INTRODUCTION
A spot contract is a binding obligation to buy or sell a certain amount of foreign currency at the current market rate, for settlement in two business days from the transaction date.
PRODUCT BENEFITS
- Clients' benefits:
+ A hedging tool for exchange rate risk.
+ Unlimited profitability and market opportunities
+ Predetermined costs
- Why BIDV?
+ A wide network throughout the country.
+ A leader in the foreign exchange market in Vietnam with abundant sources of foreign currency and years of experiences.
In addition to the foreign currencies on exchange rate bulletin, BIDV is able to meet the demand for buying to transfer for currencies of more than 100 countries and territories.
APPLICATION FORM/CTA
For more information, please contact:
FX Sales Desk - Treasury Department - Bank for Investment and Development of Vietnam.
+ Address: 17th floor - Block A - Vincom Tower - 191 Ba Trieu, Hai Ba Trung, Hanoi.
+ Phone: 024 – 22206827; 22206891.
+Fax: 024 – 22200549
Exchange rates
Fixed exchange rates, no price risks shall incur to clients
Control cash flow
Help clients control their cash flow and budget
Costs
Predetermined costs
INTRODUCTION
A foreign exchange option is an agreement by which the buyer of the option pays the seller a premium for the right, but not obligation, to buy or sell a specific quantity of a foreign currency at a pre-agreed exchange rate in a specific period of time or on a certain future date
PRODUCT BENEFITS
- Clients' benefits:
+ Fixed exchange rates, no price risks shall incur to clients.
+ Help clients control their cash flow and budget.
- Why BIDV?
+ A wide network throughout the country.
+ A leader in the foreign exchange market in Vietnam with abundant sources of foreign currency and years of experiences.
APPLICATION FORM/CTA
For more information, please contact:
FX Sales Desk - Treasury Department - Bank for Investment and Development of Vietnam.
+ Address: 17th floor - Block A - Vincom Tower - 191 Ba Trieu, Hai Ba Trung, Hanoi.
+ Phone: 024 – 22206827; 22206891.
+Fax: 024 – 22200549
Hedging
An effective hedging tool for exchange rate risk
Capital
Flexible use of capital
Exchange rate
Take advantage of exchange rate spread between two currencies
INTRODUCTION
A foreign exchange forward contract is a binding obligation to buy or sell a certain amount of foreign currency at the current market rate, for settlement on a certain future date.
Contract term:
+ Conversion transactions between foreign currencies: Upon agreement between BIDV and clients
+ Foreign currencies versus VND: from 3 days to 365 days.
PRODUCT BENEFITS
- Clients' benefits:
+ An effective hedging tool for exchange rate risk.
+ Flexible use of capital.
+ Take advantage of exchange rate spread between two currencies
- Why BIDV?
+ A wide network throughout the country.
+ A leader in the foreign exchange market in Vietnam with abundant sources of foreign currency and years of experiences.
APPLICATION FORM/CTA
For more information, please contact:
FX Sales Desk - Treasury Department - Bank for Investment and Development of Vietnam.
+ Address: 17th floor - Block A - Vincom Tower - 191 Ba Trieu, Hai Ba Trung, Hanoi.